Segment Information - Schedule of Revenue and Expenses (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | |||
|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
Dec. 31, 2025 |
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| Segment Reporting | |||||
| Total revenues | $ 122,368 | $ 114,488 | $ 246,668 | $ 225,554 | |
| Sales and marketing | (29,401) | (27,932) | (61,525) | (51,580) | |
| Maintenance | (5,429) | (6,970) | (11,570) | (13,734) | |
| Consulting | (11,876) | (12,096) | (23,158) | (23,710) | |
| Cloud | (23,071) | (16,043) | (45,622) | (30,601) | |
| Technology | (21,245) | (21,597) | (44,304) | (46,299) | |
| General and administrative | (25,826) | (20,830) | (50,507) | (47,200) | |
| Unrealized loss (gain) on digital assets | (8,315,365) | 14,047,514 | (22,770,844) | 8,141,509 | |
| Digital asset custody fees | (4,242) | (4,881) | (8,149) | (9,003) | |
| Share-based compensation expense | (14,268) | (15,742) | (27,441) | (27,561) | |
| Payroll taxes on equity award exercises and vestings | (1,395) | (2,685) | (2,057) | (4,757) | |
| Other segment items | (986) | (9,507) | 470 | (14,247) | |
| Interest income (expense), net | (1,250) | (17,897) | 574 | (35,003) | |
| Gain on debt extinguishment | 113,916 | 0 | 113,916 | 0 | |
| Income tax benefit (expense) | (1,558) | (3,984,976) | 1,921,251 | (2,259,892) | |
| Net (loss) income | (8,219,628) | 10,020,846 | (20,762,298) | 5,803,476 | |
| Total assets | 52,562,592 | 64,773,415 | 52,562,592 | 64,773,415 | $ 61,641,082 |
| Software | |||||
| Segment Reporting | |||||
| Total revenues | 122,368 | 114,488 | 246,668 | 225,554 | |
| Sales and marketing | (29,265) | (26,236) | (60,563) | (49,884) | |
| Maintenance | (5,429) | (6,970) | (11,570) | (13,734) | |
| Consulting | (11,876) | (12,096) | (23,158) | (23,710) | |
| Cloud | (23,071) | (16,043) | (45,622) | (30,601) | |
| Technology | (21,245) | (21,597) | (44,304) | (46,299) | |
| General and administrative | (14,185) | (16,406) | (29,998) | (35,072) | |
| Unrealized loss (gain) on digital assets | 0 | 0 | 0 | 0 | |
| Digital asset custody fees | 0 | 0 | 0 | 0 | |
| Share-based compensation expense | (9,600) | (12,543) | (18,882) | (21,205) | |
| Payroll taxes on equity award exercises and vestings | (1,097) | (2,620) | (1,557) | (4,661) | |
| Other segment items | (1,414) | (9,507) | (512) | (14,247) | |
| Interest income (expense), net | 81 | 76 | 173 | 174 | |
| Gain on debt extinguishment | 0 | 0 | |||
| Income tax benefit (expense) | (1,558) | 39,893 | (496,389) | 62,252 | |
| Net (loss) income | 3,709 | 30,439 | (485,714) | 48,567 | |
| Total assets | 490,512 | 410,617 | 490,512 | 410,617 | |
| Bitcoin | |||||
| Segment Reporting | |||||
| Total revenues | 0 | 0 | 0 | 0 | |
| Sales and marketing | (136) | (1,696) | (962) | (1,696) | |
| Maintenance | 0 | 0 | 0 | 0 | |
| Consulting | 0 | 0 | 0 | 0 | |
| Cloud | 0 | 0 | 0 | 0 | |
| Technology | 0 | 0 | 0 | 0 | |
| General and administrative | (11,641) | (4,424) | (20,509) | (12,128) | |
| Unrealized loss (gain) on digital assets | (8,315,365) | 14,047,514 | (22,770,844) | 8,141,509 | |
| Digital asset custody fees | (4,242) | (4,881) | (8,149) | (9,003) | |
| Share-based compensation expense | (4,668) | (3,199) | (8,559) | (6,356) | |
| Payroll taxes on equity award exercises and vestings | (298) | (65) | (500) | (96) | |
| Other segment items | 428 | 0 | 982 | 0 | |
| Interest income (expense), net | (1,331) | (17,973) | 401 | (35,177) | |
| Gain on debt extinguishment | 113,916 | 113,916 | |||
| Income tax benefit (expense) | 0 | (4,024,869) | 2,417,640 | (2,322,144) | |
| Net (loss) income | (8,223,337) | 9,990,407 | (20,276,584) | 5,754,909 | |
| Total assets | $ 52,072,080 | $ 64,362,798 | $ 52,072,080 | $ 64,362,798 | |
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- Definition Cloud expense. No definition available.
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- Definition Consulting expense. No definition available.
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- Definition Corporate resources expense. No definition available.
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- Definition Maintenance expense. No definition available.
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- Definition Payroll taxes on equity award exercises and vesting. No definition available.
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- Definition Selling And Marketing Expense, Adjusted No definition available.
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- Definition Technology expense. No definition available.
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- Definition Amount of expense for award under share-based payment arrangement. Excludes amount capitalized. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of unrealized gain (loss) from remeasurement of crypto asset, classified as operating. Excludes crypto asset held for platform user. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Those fees charged for services related to holding, advising, and managing customer investment assets. These account fees usually charged annually or semi-annually, on a per security basis, for the costs of services. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest income (expense) classified as nonoperating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of other expense (income) and loss (gain) calculated as difference between segment revenue and separately disclosed expense category to arrive at segment profit (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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- Details
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