Segment Reporting - Segment Information (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Segment Reporting [Line Items] | ||||
| Crypto costs | $ 167,938 | $ 561,074 | $ 407,908 | $ 1,615,709 |
| Execution, clearing and brokerage fees | 1,318 | 4,139 | 3,298 | 11,832 |
| Total operating expenses | 189,762 | 584,224 | 450,279 | 1,665,417 |
| Operating loss from continuing operations | (19,613) | (16,121) | (36,537) | (31,558) |
| Net income (loss) from continuing operations | 80,842 | (26,892) | 69,191 | (7,506) |
| Reportable Segment | ||||
| Segment Reporting [Line Items] | ||||
| Revenue | 170,149 | 568,103 | 413,742 | 1,633,859 |
| Personnel | 4,935 | 4,376 | 8,306 | 9,320 |
| Non-cash compensation | 1,892 | 5,790 | 4,697 | 8,857 |
| Professional services | 7,194 | 4,027 | 14,939 | 9,198 |
| Technology | 1,450 | 1,270 | 3,024 | 3,188 |
| Occupancy | 266 | 584 | 395 | 1,302 |
| Marketing and promotions | 137 | 108 | 200 | 204 |
| Business insurance | 723 | 1,173 | 1,814 | 2,826 |
| Depreciation and amortization | 1,052 | 154 | 1,118 | 374 |
| Other operating costs | 2,857 | 1,529 | 4,580 | 2,607 |
| Crypto costs | 167,938 | 561,074 | 407,908 | 1,615,709 |
| Execution, clearing and brokerage fees | 1,318 | 4,139 | 3,298 | 11,832 |
| Total operating expenses | 189,762 | 584,224 | 450,279 | 1,665,417 |
| Operating loss from continuing operations | (19,613) | (16,121) | (36,537) | (31,558) |
| Other income, net | (100,738) | 10,771 | (106,232) | (24,052) |
| Net income (loss) from continuing operations | $ 81,125 | $ (26,892) | $ 69,695 | $ (7,506) |
| X | ||||||||||
- Definition Business Insurance No definition available.
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- Definition Crypto Costs No definition available.
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- Definition Depreciation, Depletion And Amortization, Nonproduction And Impairments OF Goodwill, Intangible Asset And Long-Lived Assets No definition available.
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- Definition Execution, Clearing and Brokerage Fees No definition available.
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- Definition Information Technology Expense No definition available.
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- Definition Non-Cash Compensation, Including Share-Based Compensation No definition available.
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- Definition Payroll And Benefit Expense, Excluding Share-Based Compensation No definition available.
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- Definition Professional Fees, Adjusted No definition available.
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- Definition Amount after tax of income (loss) from continuing operations including portion attributable to the noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Expenditures for planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services. Costs of public relations and corporate promotions are typically considered to be marketing costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of net occupancy expense that may include items, such as depreciation of facilities and equipment, lease expenses, property taxes and property and casualty insurance expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of general expenses not normally included in Other Operating Costs and Expenses. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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