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Bitcoin | 6 Months Ended
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Jun. 30, 2023
Cryptocurrencies Abstract |
Bitcoin | Note 5. Bitcoin The following table presents information about the Company’s Bitcoin holdings: ​
​ | ​ | ​ | ​
​ |  | Six Months Ended
​ | ​ | June 30, 2023
Beginning balance |  | $ | 109,420
Revenue recognized from Bitcoin mined | ​ |  | 97,765
Proceeds from sale of Bitcoin | ​ |  | (89,162)
Exchange of Bitcoin for employee compensation | ​ |  | (585)
Realized gain on sale of Bitcoin | ​ |  | 33,603
Impairment of Bitcoin | ​ |  | (10,110)
Ending balance | ​ | $ | 140,931
​ During the three and six months ended June 30, 2023, the Company recorded impairment charges on its Bitcoin holdings of $5.6 million and $10.1 million, respectively. During the three and six months ended June 30, 2022, the Company recorded impairment charges on its Bitcoin holdings of $101.4 million and $127.3 million, respectively. Applying the market price of one Bitcoin on June 30, 2023 of approximately $30,477 to the Company’s 7,265 Bitcoin held at that date resulted in an estimated fair value of the Company’s Bitcoin of $221.4 million. Applying the market price of one Bitcoin on December 31, 2022 of approximately $16,548 to the Company’s 6,974 Bitcoin held at that date resulted in an estimated fair value of the Company’s Bitcoin of $115.4 million. The valuation of Bitcoin held is classified under Level 1 of the fair value hierarchy as it is based on quoted prices in active markets for identical assets.

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