v3.25.2
FAIR VALUE MEASUREMENTS - Changes in Assets and Liabilities Measured and Reported at Fair Value Using Level 3 Inputs (Details) - USD ($)
$ in Thousands
 6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Transfers out of Level 3 $ (200,700) $ (48,700)
Transfers in of Level 3 4,900 21,200
Level 3 | Embedded derivative — Notes payable    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair value, Beginning Balance 136,192 10,472
Purchases 0 93,993
Sales /Distributions 0 0
Net Realized Gain / (Loss) 0 0
Net Unrealized Gain / (Loss) 0 31,727
Transfers in /(out) of Level 3 (136,192) 0
Fair value, Ending Balance 0 136,192
Digital Intangible Assets | Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair value, Beginning Balance 20,457 68,004
Purchases 0 0
Sales /Distributions 0 0
Net Realized Gain / (Loss) 0 0
Net Unrealized Gain / (Loss) (5,425) (17,043)
Transfers out of Level 3 (12,180) (30,504)
Fair value, Ending Balance 2,852 20,457
Digital assets receivable | Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair value, Beginning Balance 60,492 20,569
Purchases 2,250 0
Sales /Distributions   (4,727)
Net Realized Gain / (Loss) 4,724
Net Unrealized Gain / (Loss) (7,817) 52,477
Transfers out of Level 3 (48,867) (12,551)
Fair value, Ending Balance 6,058 60,492
Investments | Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair value, Beginning Balance 524,573 364,576
Purchases 79,976 129,188
Sales /Distributions (137,802) (221,564)
Net Realized Gain / (Loss) 69,605 117,036
Net Unrealized Gain / (Loss) (32,608) 119,803
Transfers in of Level 3 1,443 15,534
Fair value, Ending Balance $ 505,187 $ 524,573