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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Assets, Liabilities and Net Assets of Company's Argentinean Subsidiaries

The following table sets forth the assets, liabilities and net assets of the Company’s Argentine subsidiaries and consolidated VIEs, before intercompany eliminations, as of December 31, 2023 and December 31, 2022:


	December 31,
	2023		2022
	(In millions)
Assets	$	3,298	$	3,238
Liabilities	1,878		2,419
Net assets	$	1,420	$	819

Schedule of Net Revenues and Net Income Before Income Tax of Company's Argentinean Subsidiaries

The following table provides information relating to net revenues and direct contribution (see Note 9 – Segments of these audited consolidated financial statements for definition of direct contribution) for the years ended December 31, 2023, 2022 and 2021 of the Company’s Argentine subsidiaries and consolidated VIEs:


	Year Ended December 31,
	2023		2022		2021
	(In millions)
Net revenues	$	3,240	$	2,500	$	1,531
Direct contribution	1,403		1,012		533

Summary of Crypto Asset Information

The following table presents the digital assets name, cost basis, fair value, and number of units for each significant digital asset holding as of December 31, 2023:


Digital asset name	Cost basis		Fair value		Number of units held
	(in millions, except for number of units held)
Bitcoin	$	6	$	17	412.7
Ether	3		7		3,041.6

Summary of Crypto Asset Activity

The following table summarizes the digital assets rollforward activity during the year ended December 31, 2023:


	December 31, 2023
	(in millions)
Balance at beginning of year (1)	$	9
Adoption of ASU 2023-08	1
Gains included in net income	14
Balance at end of year (2)	$	24

(1) Included in Intangible assets, net as of December 31, 2022.

(2) Included in Intangible assets at fair value as of December 31, 2023.