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EQUITY SECURITIES (Tables)
 9 Months Ended
Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]  
Equity Securities
Equity securities consist of the following (in thousands):
September 30,
2024		December 31,
2023
Equity securities accounted for under the equity method under ASC 323$90,968 $114,827 
Equity securities accounted for under the equity method under the fair value option21,500 41,046 
Total equity securities$112,468 $155,873 
Equity Securities Ownership Interest
The following table includes our equity securities accounted for under the equity method (ASC 323) and related ownership interest as of September 30, 2024:
Ownership
interest
Medici Ventures, L.P.99%
tZERO Group, Inc.28%
SpeedRoute, LLC49%
Equity Method Investments
The following table summarizes the net loss recognized on equity method securities recorded in Other expense, net in our consolidated statements of operations (in thousands):
Three months ended
September 30,		Nine months ended
September 30,
2024202320242023
Net loss recognized on our proportionate share of the net assets of our equity method securities$(6,371)$(41,837)$(23,859)$(85,255)
Increase (decrease) in fair value of equity method securities held under fair value option(10,828)2,691 (19,546)(41,711)
Equity Method Investments, Summarized Financial Information The following is the unaudited summarized financial information for those equity method securities that met the significance criteria for the period ended September 30, 2023, presented on a quarterly lag, (in thousands):
Nine months ended
September 30, 2023
Results of Operations
Revenues$1,373 
Pre-tax loss(15,681)
Net loss(15,882)