v3.26.1
REVENUES (Tables)
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table presents the Company’s revenues disaggregated for those arrangements in which the Company is the Operator and Participant:

Three Months Ended June 30,
Six Months Ended June 30,
(in thousands)2026202520262025
Revenues from contracts with customers
Mining operator - transaction fees$1,044 $3,044 $2,052 $5,825 
Mining participant12,767 11,024 28,087 21,813 
Hosting services
— 1,164 1,085 2,315 
Total revenues from contracts with customers13,811 15,232 31,224 29,953 
Mining operator - block rewards156,492 218,309 312,742 414,668 
Other revenue (1)
4,578 4,944 5,529 7,748 
Total revenues$174,881 $238,485 $349,495 $452,369 

(1) Other revenue primarily consists of amounts generated from third-party software arrangements supporting the Company’s Bitcoin mining operations, as well as revenues from the Exaion acquisition. Refer to Note 3 – Acquisitions and Strategic Partnerships, for further information.