v3.26.1
Segment Information- Segment revenue and segment gross profit (loss) (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Information        
Total revenue $ 174,235,000 $ 152,988,000 $ 341,454,000 $ 314,375,000
Operating segments        
Segment Information        
Power 73,853,000 62,170,000 146,197,000 123,999,000
Compensation 5,689,000 4,686,000 10,792,000 9,131,000
Insurance on miners 1,076,000 1,462,000 2,538,000 2,924,000
Ground rent and related water and property tax 6,660,000 5,719,000 12,316,000 7,862,000
Tenant fit-out costs 15,925,000   46,613,000  
Materials 16,572,000 2,165,000 38,097,000 5,811,000
Labor 3,002,000 805,000 5,767,000 1,967,000
Other segment items 16,883,000 11,026,000 27,340,000 22,963,000
Segment gross profit (loss) 43,459,000 68,442,000 78,416,000 144,921,000
Intersegment eliminations        
Segment Information        
Total revenue (8,884,000) (5,010,000) (26,622,000) (11,334,000)
Segment gross profit (loss) (2,218,000) (5,010,000) (5,632,000) (11,334,000)
Other revenue        
Segment Information        
Total revenue   1,523,000   6,131,000
Segment gross profit (loss)   (1,483,000)   (5,840,000)
Total        
Segment Information        
Total revenue 174,235,000 151,465,000 341,454,000 308,244,000
Total | Operating segments        
Segment Information        
Total revenue 183,119,000 156,475,000 368,076,000 319,578,000
Total | Intersegment eliminations        
Segment Information        
Total revenue 8,884,000 5,010,000 26,622,000 11,334,000
Bitcoin Mining        
Segment Information        
Total revenue $ 113,736,000 $ 140,889,000 $ 225,631,000 $ 283,748,000
Segment Reporting, Other Segment Item, Composition, Description Bitcoin Mining: Bitcoin miner and network repair and maintenance costs. Bitcoin Mining: Bitcoin miner and network repair and maintenance costs. Bitcoin Mining: Bitcoin miner and network repair and maintenance costs. Bitcoin Mining: Bitcoin miner and network repair and maintenance costs.
Bitcoin Mining | Operating segments        
Segment Information        
Total revenue $ 113,736,000 $ 140,889,000 $ 225,631,000 $ 283,748,000
Power 73,499,000 62,170,000 145,816,000 123,999,000
Compensation 5,299,000 4,686,000 10,344,000 9,131,000
Insurance on miners 1,076,000 1,462,000 2,538,000 2,924,000
Ground rent and related water and property tax 6,652,000 5,719,000 12,308,000 7,862,000
Other segment items 2,738,000 4,139,000 5,020,000 9,077,000
Segment gross profit (loss) 24,472,000 62,714,000 49,605,000 130,755,000
Data Centers        
Segment Information        
Total revenue 23,213,000   56,363,000  
Data Centers | Operating segments        
Segment Information        
Total revenue 23,213,000   56,363,000 0
Power 354,000   381,000  
Compensation 390,000   448,000  
Ground rent and related water and property tax 8,000   8,000  
Tenant fit-out costs 15,925,000   46,613,000  
Other segment items 23,000   23,000  
Segment gross profit (loss) 6,513,000   8,890,000 0
Engineering        
Segment Information        
Total revenue $ 37,286,000 $ 10,576,000 $ 59,460,000 $ 24,496,000
Segment Reporting, Other Segment Item, Composition, Description Engineering: Manufacturing overhead costs. Engineering: Manufacturing overhead costs. Engineering: Manufacturing overhead costs. Engineering: Manufacturing overhead costs.
Engineering | Operating segments        
Segment Information        
Total revenue $ 46,170,000 $ 15,586,000 $ 86,082,000 $ 35,830,000
Materials 16,572,000 2,165,000 38,097,000 5,811,000
Labor 3,002,000 805,000 5,767,000 1,967,000
Other segment items 14,122,000 6,888,000 22,297,000 13,886,000
Segment gross profit (loss) 12,474,000 5,728,000 19,921,000 14,166,000
Engineering | Intersegment eliminations        
Segment Information        
Total revenue $ 8,884,000 $ 5,010,000 $ 26,622,000 $ 11,334,000