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INVESTMENT IN EQUITY INVESTEES (Tables)

9 Months Ended

Sep. 30, 2024

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Activity in Investment in Equity Investee

Activity in the Company’s investments in equity investees during the nine months ended September 30, 2024, and 2023, consisted of the following (in thousands):

			For the Nine Months Ended September 30,
			2024						2023
Opening balance			$	35,258					$	37,478
Cost of contributed mining equipment and other capital contributions			29,194						4,435
Accretion of basis differences related to miner contributions			4,442						5,012
Capital distributions			-						(3,807)
Bitcoin received from equity investees			(10,487)						(317)
Equity in net losses of equity investees			(3,434)						(9,192)
Ending Balance			$	54,973					$	33,609

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