v3.25.2
REVENUES - Disaggregation of Revenue (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers $ 8,624,078 $ 8,866,197 $ 21,567,511 $ 18,181,905
Total revenues 8,661,555 8,882,891 21,637,761 18,218,263
Digital Assets        
Disaggregation of Revenue [Line Items]        
Total revenues 8,655,745 8,858,973 21,627,274 18,161,542
Digital Assets | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 8,626,617 8,842,426 21,571,465 18,126,709
Total revenues 8,655,745 8,858,973 21,627,274 18,161,542
Data Centers        
Disaggregation of Revenue [Line Items]        
Total revenues 0 0 0 0
Data Centers | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 0 0 0 0
Total revenues 0 0 0 0
Treasury and Corporate        
Disaggregation of Revenue [Line Items]        
Total revenues 5,810 23,918 10,487 56,721
Treasury and Corporate | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers (2,539) 23,771 (3,954) 55,196
Total revenues 5,810 23,918 10,487 56,721
Digital assets sales        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 8,564,980 8,785,677 21,414,548 18,042,855
Digital assets sales | Digital Assets | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 8,564,980 8,785,677 21,414,548 18,042,855
Digital assets sales | Data Centers | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 0 0 0 0
Digital assets sales | Treasury and Corporate | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 0 0 0 0
Fees        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 16,992 26,528 28,509 54,656
Fees | Digital Assets | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 19,087 19,607 33,667 38,461
Fees | Data Centers | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 0 0 0 0
Fees | Treasury and Corporate | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers (2,095) 6,921 (5,158) 16,195
Blockchain rewards        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 41,162 37,680 112,274 47,954
Blockchain rewards | Digital Assets | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 42,550 37,142 123,250 45,393
Blockchain rewards | Data Centers | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 0 0 0 0
Blockchain rewards | Treasury and Corporate | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers (1,388) 538 (10,976) 2,561
Proprietary mining        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 944 16,312 12,180 36,440
Proprietary mining | Digital Assets | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 0 0 0 0
Proprietary mining | Data Centers | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 0 0 0 0
Proprietary mining | Treasury and Corporate | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 944 16,312 12,180 36,440
Blockchain rewards from non-customers        
Disaggregation of Revenue [Line Items]        
Revenue not from contract with customer 5,243 674 10,607 3,584
Blockchain rewards from non-customers | Digital Assets | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenue not from contract with customer 1,205 674 2,260 3,584
Blockchain rewards from non-customers | Data Centers | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenue not from contract with customer 0 0 0 0
Blockchain rewards from non-customers | Treasury and Corporate | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenue not from contract with customer 4,038 0 8,347 0
Lending        
Disaggregation of Revenue [Line Items]        
Revenue not from contract with customer 32,234 16,020 59,643 32,774
Lending | Digital Assets | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenue not from contract with customer 27,923 15,873 53,549 31,249
Lending | Data Centers | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenue not from contract with customer 0 0 0 0
Lending | Treasury and Corporate | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenue not from contract with customer $ 4,311 $ 147 $ 6,094 $ 1,525