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OTHER CONSOLIDATED BALANCE SHEET COMPONENTS (NON-CURRENT) (Tables)
6 Months Ended
Jun. 30, 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):
  June 30, 2024December 31, 2023
Bitcoin investment (i)
$514,584 $339,898 
Investments in long-term debt securities361,757 251,127 
Property and equipment, net295,741 296,056 
Operating lease right-of-use assets232,897 244,701 
Investment in non-marketable equity securities (ii)
213,315 205,268 
Restricted cash71,203 71,812 
Other114,382 122,508 
Total$1,803,879 $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 and six months ended June 30, 2024.
Other Non-Current Liabilities
The following table presents the detail of other non-current liabilities (in thousands):
  June 30, 2024December 31, 2023
Operating lease liabilities, non-current$272,387 $289,788 
Deferred tax liabilities37,093 35,695 
Other130,667 154,972 
Total$440,147 $480,455