LEASES - Narrative (Details)
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1 Months Ended |
3 Months Ended |
6 Months Ended |
12 Months Ended |
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Aug. 12, 2025
USD ($)
a
shares
|
May 21, 2025
contract
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Oct. 09, 2024
USD ($)
renewal_option
component
shares
|
Sep. 30, 2025 |
Aug. 31, 2025
a
contract
$ / shares
MW
shares
|
May 31, 2025
shares
|
Apr. 30, 2025
USD ($)
renewal_option
|
Oct. 31, 2022
USD ($)
$ / shares
shares
|
Jun. 30, 2026
USD ($)
renewal_option
contract
$ / shares
MW
|
Jun. 30, 2025
USD ($)
|
Jun. 30, 2026
USD ($)
renewal_option
contract
$ / shares
MW
|
Jun. 30, 2025
USD ($)
|
Dec. 31, 2025
USD ($)
shares
|
Jul. 31, 2026
contract
MW
|
Oct. 31, 2025
shares
|
Jul. 31, 2022 |
May 31, 2021 |
| Property, Plant, and Equipment [Line Items] |
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| Operating lease, term of lease |
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8 years
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| Weighted average discount rate (as percent) |
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6.20%
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6.50%
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6.50%
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12.60%
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| Common stock offering, net of issuance costs (in shares) | shares |
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7,481,747
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| Common stock offering, net of issuance costs |
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$ 9,400,000
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$ 1,190,823,000
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$ 1,199,779,000
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| Lease payments |
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1,000,000.0
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$ 400,000
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2,000,000.0
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$ 800,000
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| Number of lease contracts | contract |
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4
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| Prepaid rent |
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90,000,000.0
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90,000,000.0
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| Finance lease payments |
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$ 6,000
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6,000
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$ 11,000
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11,000
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| Discount rate |
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6.90%
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6.90%
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| Lessee, operating lease, number of renewal options | renewal_option |
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2
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| Operating lease, renewal term |
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5 years
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| Letters of credit issued |
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$ 1,400,000
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| Remaining operating lease term |
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11 years 6 months
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11 years 6 months
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| Security deposit |
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$ 800,000
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$ 800,000
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| Operating lease expense |
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1,500,000
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1,000,000.0
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3,000,000.0
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1,800,000
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| Operating variable lease expense |
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0
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200,000
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200,000
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300,000
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| Amortization related to finance lease |
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800,000
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100,000
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1,500,000
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200,000
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| Finance variable lease cost |
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100,000
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400,000
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| Finance lease interest expense |
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$ 5,000
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$ 5,000
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$ 10,000
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$ 10,000
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| Remaining finance lease term |
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33 years 3 months 18 days
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33 years 3 months 18 days
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| Number of lessor contracts | contract |
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2
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2
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| Lease not yet commenced, term |
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10 years
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10 years
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10 years
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| Lease not yet commenced, number of renewal options | renewal_option |
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2
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2
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| Lease not yet commenced, renewal option term |
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5 years
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| Total purchase price per agreement |
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$ 90,000,000.0
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$ 90,000,000.0
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| Base rent commencing percentage |
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50.00%
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50.00%
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| Current portion of deferred rent liability |
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$ 49,682,000
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$ 49,682,000
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$ 58,184,000
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| Deferred rent liability, net of current portion |
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$ 944,000
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$ 944,000
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23,285,000
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| Aggregate contracted critical IT load | MW |
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162
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162
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| Exercise price of warrants (in dollars per share) | $ / shares |
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$ 1.93
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$ 0.10
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$ 0.10
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| Direct costs |
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$ 57,100,000
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$ 57,100,000
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57,400,000
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| Accrued lessor costs |
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25,000,000.0
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25,000,000.0
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27,600,000
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| Subsequent Events |
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| Property, Plant, and Equipment [Line Items] |
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| Number of lessor contracts | contract |
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2
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| Aggregate contracted critical IT load | MW |
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168
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| Google Warrants |
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| Property, Plant, and Equipment [Line Items] |
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| Warrants issued to lenders (in shares) | shares |
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73,580,000
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| Exercise price of warrants (in dollars per share) | $ / shares |
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$ 0.01
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| Exercisable period |
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180 days
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| Fair value of the warrants attributable to the pledge agreement |
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515,500,000
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515,500,000
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$ 515,500,000
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| Google Warrants, August 13, 2030 |
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| Property, Plant, and Equipment [Line Items] |
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| Warrants issued to lenders (in shares) | shares |
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41,011,803
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| Google Warrants, August 17, 2030 |
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| Property, Plant, and Equipment [Line Items] |
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| Warrants issued to lenders (in shares) | shares |
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32,568,197
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| Google Warrants, October 2025 |
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| Property, Plant, and Equipment [Line Items] |
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| Warrants issued to lenders (in shares) | shares |
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3,200,000,000
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| Related Party |
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| Property, Plant, and Equipment [Line Items] |
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| Common stock offering, net of issuance costs (in shares) | shares |
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798,319
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| Location, Statement of Income, Balance [Axis]: us-gaap:OperatingCostsAndExpenses | Related Party |
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| Property, Plant, and Equipment [Line Items] |
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| Operating lease expense |
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600,000
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1,200,000
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| Location, Statement of Income, Balance [Axis]: us-gaap:SellingGeneralAndAdministrativeExpense |
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| Property, Plant, and Equipment [Line Items] |
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| Operating lease expense |
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600,000
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1,200,000
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| Location, Statement of Income, Balance [Axis]: us-gaap:SellingGeneralAndAdministrativeExpense | Related Party |
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| Property, Plant, and Equipment [Line Items] |
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| Operating lease expense |
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$ 300,000
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$ 600,000
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| New York |
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| Property, Plant, and Equipment [Line Items] |
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| Weighted average discount rate (as percent) |
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6.90%
|
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| Remaining operating lease term |
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11 years 3 months 18 days
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11 years 3 months 18 days
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| Maryland |
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| Property, Plant, and Equipment [Line Items] |
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| Weighted average discount rate (as percent) |
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6.50%
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| Remaining operating lease term |
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6 years 1 month 6 days
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6 years 1 month 6 days
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| Letter of Credit |
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| Property, Plant, and Equipment [Line Items] |
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| Collateral balance |
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$ 1,400,000
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$ 1,400,000
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$ 1,400,000
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| Ground Lease Lessor |
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| Property, Plant, and Equipment [Line Items] |
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| Beneficially own (in shares) | shares |
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15,000,000
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| Ground Lease |
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| Property, Plant, and Equipment [Line Items] |
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| Initial term |
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35 years
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| Lessee, number of renewal options | renewal_option |
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9
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| Renewal term |
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5 years
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| Lessee, operating lease, notice period for renewal option |
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6 months
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| Common stock offering, net of issuance costs (in shares) | shares |
|
|
20,000,000.0
|
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| Common stock offering, net of issuance costs |
|
|
$ 68,800,000
|
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| Lease payments |
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$ 12,000,000.0
|
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| Number of lease components | component |
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2
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| Discount rate (as percent) |
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6.90%
|
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|
|
|
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| Number of lease contracts | contract |
|
|
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3
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| Area of real estate property (in acres) | a |
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162.7
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| Power and infrastructure equipment capacity (in MW) | MW |
|
|
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|
750
|
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| Cayuga Lease |
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| Property, Plant, and Equipment [Line Items] |
|
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|
| Common stock offering, net of issuance costs (in shares) | shares |
18,600,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
| Area of real estate property (in acres) | a |
183
|
|
|
|
|
|
|
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|
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|
|
|
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| Finance lease initial term |
80 years
|
|
|
|
|
|
|
|
|
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|
|
|
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| Prepaid rent |
$ 95,000,000.0
|
|
|
|
|
|
|
|
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|
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|
|
| Prepaid rent, VWAP period (in days) |
15 days
|
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|
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|
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|
|
|
|
|
|
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| Finance lease payments |
|
|
|
|
|
|
|
|
|
|
|
|
3,000,000.0
|
|
|
|
|
| Purchase premises |
$ 100
|
|
|
|
|
|
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|
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|
|
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|
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|
| Discount rate |
7.50%
|
|
|
|
|
|
|
|
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|
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|
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| Office Lease, Less Than Twelve Month Term |
|
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| Property, Plant, and Equipment [Line Items] |
|
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
| Number of lease contracts | contract |
|
1
|
|
|
|
|
|
|
|
|
|
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|
|
|
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| Office Lease, Over Than Thirteen Month Term |
|
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| Property, Plant, and Equipment [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of lease contracts | contract |
|
1
|
|
|
|
|
|
|
|
|
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|
|
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| Equipment Lease |
|
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| Property, Plant, and Equipment [Line Items] |
|
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|
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| Prepaid rent |
|
|
|
|
|
|
|
|
|
|
|
|
$ 6,200,000
|
|
|
|
|
| Finance lease, not yet commenced, term |
|
|
|
6 months
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| Finance lease, not yet commenced, renewal term, increments |
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6 months
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| Finance lease, not yet commenced, renewal term |
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4 years
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| Finance leases prepaid rent |
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$ 6,200,000
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