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Bitcoin (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
CryptocurrenciesAbstract |
Schedule of Bitcoin | The following table presents information about the Company’s bitcoin (in thousands):
|  | March 31, |
|  | 2024 |  |  | 2023 |
Opening balance |  | $ | 32,978 |  |  | $ | 6,283 |
Cumulative effect upon adoption of ASU 2023-08 |  |  | - |  |  |  | 209 |
Bitcoin received from equity investees |  |  | 1,694 |  |  |  | 317 |
Revenue recognized from bitcoin mined, net of receivable |  |  | 48,079 |  |  |  | 21,717 |
Proceeds from sale of bitcoin |  |  | - |  |  |  | (20,958 | )
Change in fair value of bitcoin |  |  | 40,556 |  |  |  | 4,265 |
Ending balance |  | $ | 123,307 |  |  | $ | 11,833 |
The Company held approximately 1,730, and 780 bitcoin at

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