v3.26.1
FAIR VALUE MEASUREMENTS - Schedule of Derivative Assets and Liability Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Digital assets $ 37,312 $ 222,000 $ 80,646 $ 23,893
Warrant liabilities, current portion 844,752 0    
Warrant liabilities, net of current portion 116,495 936,107    
Fair Value, Recurring        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Digital assets 37,312 222,000    
Total assets measured at fair value on a recurring basis 1,037,696 489,721    
Total liabilities measured at fair value on a recurring basis 963,577 939,473    
Fair Value, Recurring | Contingent value rights        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Liabilities 2,330 3,366    
Fair Value, Recurring | Warrant liabilities        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Warrant liabilities, current portion 844,752      
Warrant liabilities, net of current portion 116,495 936,107    
Fair Value, Recurring | Money market funds        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Cash and cash equivalents 1,000,384 267,721    
Fair Value, Recurring | Level 1        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Digital assets 37,312 222,000    
Total assets measured at fair value on a recurring basis 1,037,696 489,721    
Total liabilities measured at fair value on a recurring basis 963,577 939,473    
Fair Value, Recurring | Level 1 | Contingent value rights        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Liabilities 2,330 3,366    
Fair Value, Recurring | Level 1 | Warrant liabilities        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Warrant liabilities, current portion 844,752      
Warrant liabilities, net of current portion 116,495 936,107    
Fair Value, Recurring | Level 1 | Money market funds        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Cash and cash equivalents 1,000,384 267,721    
Fair Value, Recurring | Level 2        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Digital assets 0 0    
Total assets measured at fair value on a recurring basis 0 0    
Total liabilities measured at fair value on a recurring basis 0 0    
Fair Value, Recurring | Level 2 | Contingent value rights        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Liabilities 0 0    
Fair Value, Recurring | Level 2 | Warrant liabilities        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Warrant liabilities, current portion      
Warrant liabilities, net of current portion 0 0    
Fair Value, Recurring | Level 2 | Money market funds        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Cash and cash equivalents 0 0    
Fair Value, Recurring | Level 3        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Digital assets 0 0    
Total assets measured at fair value on a recurring basis 0 0    
Total liabilities measured at fair value on a recurring basis 0 0    
Fair Value, Recurring | Level 3 | Contingent value rights        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Liabilities 0 0    
Fair Value, Recurring | Level 3 | Warrant liabilities        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Warrant liabilities, current portion      
Warrant liabilities, net of current portion 0 0    
Fair Value, Recurring | Level 3 | Money market funds        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Cash and cash equivalents $ 0 $ 0