FAIR VALUE MEASUREMENT - Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025	Mar. 31, 2025	Dec. 31, 2024
Assets:
Digital assets	$ 1,728,898	$ 3,371,636
Digital assets - receivable, net	680,521	1,336,868
Derivative instrument	8,274	49,319	$ 35,775	$ 8,947
Liabilities:
Contingent consideration liability	25,553	13,758
Money market accounts
Assets:
Cash and cash equivalents, fair value	74,018	20,549
U.S. government bills and securities
Assets:
Cash and cash equivalents, fair value	194,276	381,927
Quoted prices in active markets (Level 1)
Assets:
Digital assets	1,728,898	3,371,636
Digital assets - receivable, net	0	0
Derivative instrument	0	0
Liabilities:
Contingent consideration liability	0	0
Quoted prices in active markets (Level 1) \| Money market accounts
Assets:
Cash and cash equivalents, fair value	74,018	20,549
Quoted prices in active markets (Level 1) \| U.S. government bills and securities
Assets:
Cash and cash equivalents, fair value	194,276	381,927
Significant other observable inputs (Level 2)
Assets:
Digital assets	0	0
Digital assets - receivable, net	680,521	1,336,868
Derivative instrument	8,274	49,319
Liabilities:
Contingent consideration liability	0	0
Significant other observable inputs (Level 2) \| Money market accounts
Assets:
Cash and cash equivalents, fair value	0	0
Significant other observable inputs (Level 2) \| U.S. government bills and securities
Assets:
Cash and cash equivalents, fair value	0	0
Significant unobservable inputs (Level 3)
Assets:
Digital assets	0	0
Digital assets - receivable, net	0	0
Derivative instrument	0	0
Liabilities:
Contingent consideration liability	25,553	13,758
Significant unobservable inputs (Level 3) \| Money market accounts
Assets:
Cash and cash equivalents, fair value	0	0
Significant unobservable inputs (Level 3) \| U.S. government bills and securities
Assets:
Cash and cash equivalents, fair value	$ 0	$ 0