XML 51 R41.htm IDEA: XBRL DOCUMENT
v3.24.3

BITCOIN (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Other Liabilities Disclosure [Abstract] |
Summary of Changes in Bitcoin Investment | The following table summarizes the changes in the Company’s bitcoin investment in the period (in thousands, except amount of bitcoin):
| Amount of bitcoin |  | Value
Balance at December 31, 2023 | 8,038 |  |  | $ | 339,898 |
Remeasurement gain | — |  |  | 233,404 |
Balance at March 31, 2024 | 8,038 |  |  | $ | 573,302 |
Additions | 173 |  |  | 11,398 |
Remeasurement loss | — |  |  | (70,116) |
Balance at June 30, 2024 | 8,211 |  |  | $ | 514,584 |
Additions | 152 |  |  | 9,709 |
Remeasurement gain | — |  |  | 5,288 |
Balance at September 30, 2024 | 8,363 |  |  | $ | 529,581 |
| Amount of bitcoin |  | Value
Balance at December 31, 2022 | 8,038 |  |  | $ | 102,303 |
Cumulative effect of adoption of ASU 2023-08 | — |  |  | 30,511 |
Remeasurement gain | — |  |  | 96,088 |
Balance at March 31, 2023 | 8,038 |  |  | $ | 228,902 |
Remeasurement gain | — |  |  | 16,014 |
Balance at June 30, 2023 | 8,038 |  |  | $ | 244,916 |
Remeasurement loss | — |  |  | (28,174) |
Balance at September 30, 2023 | 8,038 |  |  | $ | 216,742 |
Bitcoin Held on Behalf of Others | The following table summarizes the Company’s bitcoin held for other parties (in thousands, except number of bitcoin):
| September 30, 2024 |  | December 31, 2023
Total approximate number of bitcoin held for other parties | 22,312 |  |  | 24,570 |
Safeguarding obligation liability related to bitcoin held for other parties | $ | 1,412,948 |  |  | $ | 1,038,585 |
Safeguarding asset related to bitcoin held for other parties | $ | 1,412,948 |  |  | $ | 1,038,585 |

X
- Definition Tabular disclosure of crypto-asset held for platform user. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section FF -Paragraph Question 2 -Publisher SEC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 405 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 5.FF.Q2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147476188/405-10-S99-1 + Details
Name: | srt_PlatformOperatorCryptoAssetTableTextBlock
Namespace Prefix: | srt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about activity for crypto asset. Excludes information about crypto asset held for platform user. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 60 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147476168/350-60-50-3 + Details
Name: | us-gaap_CryptoAssetActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_OtherLiabilitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration