v3.26.1
6. INVESTMENTS AND DERIVATIVES (Tables)
 9 Months Ended
Jun. 30, 2026
Schedule of Investments [Abstract]  
Summary of Carrying Value of all Investments The following table presents the carrying value of all investments and derivative instruments, aside from the Company’s warrant liability, including balances as of September 30, 2025 and activity during the period ended June 30, 2026:

Fair value measurements for derivative instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Condensed Consolidated Balance Sheet classification(1):

 

Derivative investments

 

 

Other current liabilities

 

 

(Other current liabilities) Derivative investments

 

 ($ in thousands)

 

Bitmain
Derivatives

 

 

DAM Derivative Assets

 

 

DAM Derivative Liabilities

 

 

Interest Rate Swaps

 

Balance as of September 30, 2025

 

$

233

 

 

$

—

 

 

$

—

 

 

$

(93

)

Total gains or losses for the period

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) gain on derivative securities

 

 

(6,630

)

 

 

5,869

 

 

 

13,158

 

 

 

119

 

Purchases, sales, and settlements

 

 

 

 

 

 

 

 

 

 

 

 

Purchased and acquired options

 

 

6,513

 

 

 

—

 

 

 

20,420

 

 

 

—

 

Written options

 

 

—

 

 

 

—

 

 

 

(45,922

)

 

 

—

 

Settlements and expiries

 

 

—

 

 

 

(5,089

)

 

 

9,304

 

 

 

—

 

Balance as of June 30, 2026

 

$

116

 

 

$

780

 

 

$

(3,040

)

 

$

26

 

(1) Balance rows presented represent assets if positive or liabilities if negative.