v3.26.1
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Temporary equity, shares outstanding (in shares) 7,829,502 2,012,729
Variable Rate Series A Perpetual Preferred Stock    
Temporary equity, par value (in USD per share) $ 0.001 $ 0.001
Temporary equity, shares authorized (in shares) 40,000,000 20,000,000
Temporary equity, shares issued (in shares) 7,829,502 2,012,729
Temporary equity, shares outstanding (in shares) 7,829,502 2,012,729
Temporary equity, redemption value $ 783.0 $ 201.3
Temporary equity, liquidation preference $ 783.0 $ 201.3
Class A Common Stock    
Common stock, par value (in USD per share) $ 0.001 $ 0.001
Common stock, authorized (in shares) 22,200,000,000 22,200,000,000
Common stock, issued (in shares) 72,164,809 34,936,745
Common stock, outstanding (in shares) 72,164,809 34,936,745
Class B Common Stock    
Common stock, par value (in USD per share) $ 0.001 $ 0.001
Common stock, authorized (in shares) 1,050,000,000 1,050,000,000
Common stock, issued (in shares) 9,780,018 9,776,540
Common stock, outstanding (in shares) 9,780,018 9,776,540