v3.26.1
Subsequent Events (Details)
 1 Months Ended 3 Months Ended 12 Months Ended
May 16, 2026
May 12, 2026
USD ($)
bitcoin
shares
May 12, 2026
USD ($)
bitcoin
$ / bitcoin
shares
Mar. 31, 2026
USD ($)
bitcoin
shares
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
bitcoin
shares
Subsequent Event [Line Items]            
Cash and cash equivalents       $ 95,092,000   $ 67,499,000
Proceeds from issuance of Class A common stock       94,953,000 $ 0  
Proceeds from issuance of preferred stock       $ 129,797,000 $ 0  
Class A Common Stock            
Subsequent Event [Line Items]            
Common stock, shares, outstanding (in shares) | shares       59,286,628   34,936,745
Class A Common Stock | ASST Sales Agreement            
Subsequent Event [Line Items]            
Shares issued (in shares) | shares       8,200,000    
Proceeds from issuance of Class A common stock       $ 95,000,000.0    
Proceeds available to raise through issuance of stock       $ 276,300,000    
Class B Common Stock            
Subsequent Event [Line Items]            
Common stock, shares, outstanding (in shares) | shares       9,872,157   9,776,540
Variable Rate Series A Perpetual Preferred Stock            
Subsequent Event [Line Items]            
Preferred stock, dividend rate       12.75%   12.25%
Variable Rate Series A Perpetual Preferred Stock | SATA Sales Agreement            
Subsequent Event [Line Items]            
Shares issued (in shares) | shares       110,000    
Proceeds from issuance of Class A common stock       $ 11,000,000.0    
Proceeds available to raise through issuance of stock       $ 487,800,000    
Variable Rate Series A Perpetual Preferred Stock | Forecast            
Subsequent Event [Line Items]            
Preferred stock, dividend rate 13.00%          
Bitcoin            
Subsequent Event [Line Items]            
Approximate number of bitcoin held (in bitcoins) | bitcoin       13,628   7,627
Subsequent Event            
Subsequent Event [Line Items]            
Cash and cash equivalents   $ 87,600,000 $ 87,600,000      
Short-term debt outstanding   0 0      
Long-term debt outstanding   $ 0 $ 0      
Subsequent Event | Class A Common Stock            
Subsequent Event [Line Items]            
Common stock, shares, outstanding (in shares) | shares   63,211,995 63,211,995      
Subsequent Event | Class A Common Stock | ASST Sales Agreement            
Subsequent Event [Line Items]            
Shares issued (in shares) | shares     3,894,512      
Proceeds from issuance of Class A common stock     $ 58,400,000      
Proceeds available to raise through issuance of stock   $ 217,900,000 $ 217,900,000      
Subsequent Event | Class B Common Stock            
Subsequent Event [Line Items]            
Common stock, shares, outstanding (in shares) | shares   9,870,636 9,870,636      
Subsequent Event | Variable Rate Series A Perpetual Preferred Stock            
Subsequent Event [Line Items]            
Preferred stock, shares outstanding (in shares) | shares   4,959,536 4,959,536      
Preferred stock, dividend rate   13.00%        
Subsequent Event | Variable Rate Series A Perpetual Preferred Stock | SATA Sales Agreement            
Subsequent Event [Line Items]            
Shares issued (in shares) | shares     586,342      
Proceeds available to raise through issuance of stock   $ 429,200,000 $ 429,200,000      
Proceeds from issuance of preferred stock     58,600,000      
Subsequent Event | Strategy Variable Rate Series A Perpetual Stretch Preferred Stock            
Subsequent Event [Line Items]            
Investments in preferred equity, at fair value   $ 50,500,000 $ 50,500,000      
Subsequent Event | Bitcoin            
Subsequent Event [Line Items]            
Approximate number of bitcoins purchased (in bitcoins) | bitcoin     1,381      
Average purchase price of bitcoin (in USD per bitcoin) | $ / bitcoin     76,524      
Approximate number of bitcoin held (in bitcoins) | bitcoin   15,009 15,009