v3.26.1
Bitcoin - Schedule of bitcoin holdings (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
item
Jun. 30, 2025
USD ($)
item
Jun. 30, 2026
USD ($)
item
Jun. 30, 2025
USD ($)
item
Dec. 31, 2025
USD ($)
May 20, 2025
USD ($)
Apr. 22, 2025
USD ($)
Line of Credit Facility [Line Items]              
Beginning balance     $ 1,575,441 $ 1,654,468      
Beginning balance, quantity | item     18,005 17,722      
Revenue recognized from bitcoin mined $ 113,736 $ 140,889 $ 225,631 $ 283,748      
Revenue recognized from bitcoin mined quantity | item     3,060 2,956      
Change in bitcoin receivable     $ 321 $ (272)      
Change in bitcoin receivable quantity | item     (2)        
Proceeds from sale of bitcoin     $ (732,461) $ (131,802)      
Proceeds from sale of bitcoin quantity | item     (9,665) (1,371)      
Exchange of bitcoin for employee compensation     $ (1,618) $ (3,334)      
Exchange of bitcoin for employee compensation quantity | item     (18) (34)      
Change in fair value of bitcoin (74,607) 470,812 $ (401,276) $ 262,772      
Ending balance $ 666,038 $ 2,065,580 $ 666,038 $ 2,065,580      
Ending balance, Quantity | item 11,380 19,273 11,380 19,273      
Bitcoin $ 325,370 $ 1,711,908 $ 325,370 $ 1,711,908 $ 1,227,462    
Bitcoin quantity | item 5,559 15,973 5,559 15,973      
Restricted bitcoin $ 340,668 $ 353,672 $ 340,668 $ 353,672      
Restricted bitcoin quantity | item 5,821 3,300 5,821 3,300      
Carrying value of bitcoin $ 1,030,222 $ 1,246,192 $ 1,030,222 $ 1,246,192      
Realized gains (losses) on the sale or exchange of bitcoin (72,135) $ 3,934 (113,209) $ 3,787      
$200 Million Credit Facility              
Line of Credit Facility [Line Items]              
Maximum borrowing capacity $ 200,000   $ 200,000     $ 200,000 $ 100,000