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OTHER CONSOLIDATED BALANCE SHEET COMPONENTS (NON-CURRENT) (Tables)
3 Months Ended
Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Other Non-Current Assets
The following table presents the detail of other non-current assets (in thousands):
  March 31, 2024December 31, 2023
Bitcoin investment (i)
$573,302 $339,898 
Property and equipment, net290,715 296,056 
Operating lease right-of-use assets242,858 244,701 
Investment in non-marketable equity securities (ii)
209,504 205,268 
Investments in long-term debt securities187,922 251,127 
Restricted cash71,588 71,812 
Other103,690 122,508 
Total$1,679,579 $1,531,370 

(i) Refer to Note 11, Bitcoin for further details.

(ii) Investment in non-marketable equity securities represents the Company's investments in equity of non-public entities. These investments are measured using the measurement alternative and are therefore carried at cost, less impairment, adjusted for observable price changes from orderly transactions for identical or similar investments of the same issuer. Adjustments are recorded within other expense (income), net on the condensed consolidated statements of operations. Unrealized gains and losses were immaterial during the three months ended March 31, 2024.
Other Non-Current Liabilities
The following table presents the detail of other non-current liabilities (in thousands):
  March 31, 2024December 31, 2023
Operating lease liabilities, non-current$281,836 $289,788 
Deferred tax liabilities27,376 35,695 
Other166,013 154,972 
Total$475,225 $480,455