16 unchanged sentences
Bitcoin Market Price Risk
−Removed: Our bitcoin investment is measured using observed prices from active exchanges which could result in volatility in our financial results in future periods.
−Removed: Adjustments are recorded in net income through “other expense (income), net” on the consolidated statements of operations.
−Removed: As of December 31, 2023, the fair value of our bitcoin investment included in other non-current assets was $339.9 million.
−Removed: A hypothetical 10% increase or decrease in the fair value of our bitcoin investment would not have a material effect on our financial results.
+Added: Our bitcoin investment is measured using observed prices from active exchanges and adjustments are recorded in net income through “other expense (income), net” on the consolidated statements of operations.
+Added: The bitcoin market price may fluctuate significantly and a decline in the market price of bitcoin could result in a material and adverse effect on our financial results in future periods.
+Added: As of December 31, 2024, the fair value of our bitcoin investment included in other non-current assets was $792.3 million, and for the year ended December 31, 2024 and 2023, we recognized a $420.9 million and $207.1 million gain, respectively, from the remeasurement of our bitcoin investment.
Interest Rate Sensitivity
−Removed: Our cash and cash equivalents, and marketable debt securities as of December 31, 2023 were held primarily in cash deposits, money market funds, U.S.
+Added: Our cash and cash equivalents, and marketable debt securities as of December 31, 2024 were held primarily in certificates of deposits, money market funds, U.S.
government and agency securities, commercial paper, and corporate bonds.
16 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.