v3.26.1
DIGITAL ASSETS - Schedule of Reconciliation of Activity of Our Digital Assets, at Fair Value (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Crypto Asset [Roll Forward]    
Beginning balance $ 136,000 $ 0
Purchases of Solana 0 222,034
Additions from validator, staking rewards and other 2,301 8,967
Additions from convertible notes 0 31,962
Additions from digital asset term loans 0 60,695
Additions from collateralized financing arrangements 56,247 84,680
Additions from the settlement of debt securities 1,005 11,040
Return of collateral on digital asset financing arrangements 9,487 28,673
Dispositions from purchase of debt securities 0 (18,458)
Dispositions from the sale of Solana (16,337) (14,997)
Repayments of digital asset term loans 0 (25,000)
Repayments of collateralized financing arrangements (27,649) (47,754)
Dispositions of collateral for digital asset financing arrangements (33,067) (169,044)
Net conversion activity and payments for expenses (23,250) (46,152)
Unrealized losses from changes in fair value of digital assets (26,787) (79,223)
Unrealized gains from changes in fair value of digital assets 0 72,173
Realized loss from disposition activities (14,212) (8,700)
Realized gain from disposition activities 2,135 25,104
Ending balance $ 65,873 $ 136,000