v3.26.1
REVENUES (Tables)
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table presents the Company’s revenues disaggregated for those arrangements in which the Company is the Operator and Participant:

Three Months Ended March 31,
(in thousands)20262025
Revenues from contracts with customers
Mining operator - transaction fees$1,008 $2,781 
Mining participant15,320 10,789 
Hosting services
1,085 1,151 
Total revenues from contracts with customers17,413 14,721 
Mining operator - block rewards156,250 196,360 
Other Revenue (1)
951 2,803 
Total revenues$174,614 $213,884 

(1) Other revenue primarily consists of amounts generated from third-party software arrangements supporting the Company’s Bitcoin mining operations, as well as revenues from the Exaion acquisition. Refer to Note 3 – Acquisitions and Strategic Partnerships, for further information.