v3.26.1
MINERS HELD FOR SALE
6 Months Ended
Jun. 30, 2026
Discontinued Operations and Disposal Groups [Abstract]  
MINERS HELD FOR SALE MINERS HELD FOR SALE
As of June 30, 2026, the Company has no equipment classified as held for sale. As of December 31, 2025, the Company presented separately from Property and equipment, net $94.9 million of mining rigs that the Company determined met the criteria to be classified as held for sale and were presented in Miners held for sale on the Company’s condensed consolidated balance sheets.
The Company recognized a loss of $7.4 million on the fair value of the miners during the six months ended June 30, 2026. The loss is recorded in Other operating income (losses) on the Company’s condensed consolidated statements of operations.