Related Party Loans and Convertible Notes - Schedule of Crypto Asset Loans (Details)
$ in Thousands |
6 Months Ended |
12 Months Ended |
|
Jun. 30, 2026
USD ($)
crypto_unit
|
Jun. 30, 2025
USD ($)
|
Dec. 31, 2025
USD ($)
crypto_unit
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Amount Borrowed |
$ 223,980
|
$ 189,336
|
|
| Amount Repaid |
241,991
|
56,159
|
|
| Crypto Asset Loans |
|
|
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Principal Outstanding beginning balance |
402,501
|
560,107
|
$ 560,107
|
| Amount Borrowed |
223,980
|
|
220,798
|
| Amount Repaid |
241,991
|
|
410,549
|
| Realized Gain (Loss) |
(3,512)
|
|
(257,266)
|
| Principal Outstanding ending balance |
258,737
|
|
402,501
|
| Unrealized Gain (Loss) |
129,265
|
|
225,124
|
| Interest Expense |
6,025
|
|
24,197
|
| Interest Payable |
28
|
|
1,430
|
| Prior year interest accrued that was paid during the year |
$ 1,400
|
|
$ 2,100
|
| Crypto Asset Loans | Bitcoin |
|
|
|
| Short-Term Debt [Line Items] |
|
|
|
| Amount of crypto loaned (in units) | crypto_unit |
4,419
|
|
4,619
|
| Crypto Asset Loans | Ether |
|
|
|
| Short-Term Debt [Line Items] |
|
|
|
| Amount of crypto loaned (in units) | crypto_unit |
0
|
|
0
|
| Crypto Asset Loans | 5,000 BTC December 29, 2022 |
|
|
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Principal Outstanding beginning balance |
$ 237,077
|
290,929
|
$ 290,929
|
| Amount Borrowed |
0
|
|
0
|
| Amount Repaid |
119,208
|
|
39,204
|
| Realized Gain (Loss) |
(90,260)
|
|
(32,663)
|
| Principal Outstanding ending balance |
56,830
|
|
237,077
|
| Unrealized Gain (Loss) |
$ 151,298
|
|
$ 47,312
|
| Interest Rate |
4.00%
|
|
4.00%
|
| Interest Expense |
$ 2,399
|
|
$ 11,619
|
| Interest Payable |
$ 6
|
|
$ 823
|
| Crypto Asset Loans | 5,000 BTC December 29, 2022 | Bitcoin |
|
|
|
| Short-Term Debt [Line Items] |
|
|
|
| Amount of crypto loaned (in units) | crypto_unit |
|
|
5,000
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Amount of crypto repaid (in units) | crypto_unit |
1,750
|
|
395
|
| Crypto Asset Loans | 2,000 BTC March 1, 2023 |
|
|
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Principal Outstanding beginning balance |
$ 0
|
102,516
|
$ 102,516
|
| Amount Borrowed |
|
|
0
|
| Amount Repaid |
|
|
132,164
|
| Realized Gain (Loss) |
|
|
(106,357)
|
| Principal Outstanding ending balance |
|
|
0
|
| Unrealized Gain (Loss) |
|
|
$ 76,710
|
| Interest Rate |
|
|
4.00%
|
| Interest Expense |
|
|
$ 3,220
|
| Interest Payable |
|
|
$ 0
|
| Crypto Asset Loans | 2,000 BTC March 1, 2023 | Bitcoin |
|
|
|
| Short-Term Debt [Line Items] |
|
|
|
| Amount of crypto loaned (in units) | crypto_unit |
|
|
2,000
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Amount of crypto repaid (in units) | crypto_unit |
|
|
1,098
|
| Crypto Asset Loans | 35,000 ETH March 1, 2023 |
|
|
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Principal Outstanding beginning balance |
0
|
88,234
|
$ 88,234
|
| Amount Borrowed |
|
|
0
|
| Amount Repaid |
|
|
116,333
|
| Realized Gain (Loss) |
|
|
(72,828)
|
| Principal Outstanding ending balance |
|
|
0
|
| Unrealized Gain (Loss) |
|
|
$ 44,729
|
| Interest Rate |
|
|
4.00%
|
| Interest Expense |
|
|
$ 2,442
|
| Interest Payable |
|
|
$ 0
|
| Crypto Asset Loans | 35,000 ETH March 1, 2023 | Ether |
|
|
|
| Short-Term Debt [Line Items] |
|
|
|
| Amount of crypto loaned (in units) | crypto_unit |
|
|
35,000
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Amount of crypto repaid (in units) | crypto_unit |
|
|
26,629
|
| Crypto Asset Loans | 500 BTC May 11, 2023 |
|
|
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Principal Outstanding beginning balance |
43,571
|
46,683
|
$ 46,683
|
| Amount Borrowed |
0
|
|
0
|
| Amount Repaid |
0
|
|
0
|
| Realized Gain (Loss) |
0
|
|
0
|
| Principal Outstanding ending balance |
29,276
|
|
43,571
|
| Unrealized Gain (Loss) |
$ 14,295
|
|
$ 3,112
|
| Interest Rate |
4.00%
|
|
4.00%
|
| Interest Expense |
$ 734
|
|
$ 2,031
|
| Interest Payable |
3
|
|
$ 151
|
| Crypto Asset Loans | 500 BTC May 11, 2023 | Bitcoin |
|
|
|
| Short-Term Debt [Line Items] |
|
|
|
| Amount of crypto loaned (in units) | crypto_unit |
|
|
500
|
| Crypto Asset Loans | 340 BTC October 31, 2023 |
|
|
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Principal Outstanding beginning balance |
10,748
|
31,745
|
$ 31,745
|
| Amount Borrowed |
0
|
|
0
|
| Amount Repaid |
0
|
|
24,482
|
| Realized Gain (Loss) |
0
|
|
(16,892)
|
| Principal Outstanding ending balance |
7,222
|
|
10,748
|
| Unrealized Gain (Loss) |
$ 3,526
|
|
$ 13,407
|
| Interest Rate |
5.00%
|
|
5.00%
|
| Interest Expense |
$ 226
|
|
$ 1,546
|
| Interest Payable |
1
|
|
$ 47
|
| Crypto Asset Loans | 340 BTC October 31, 2023 | Bitcoin |
|
|
|
| Short-Term Debt [Line Items] |
|
|
|
| Amount of crypto loaned (in units) | crypto_unit |
|
|
340
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Amount of crypto repaid (in units) | crypto_unit |
|
|
217
|
| Crypto Asset Loans | 5,200 ETH January 27, 2025 |
|
|
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Principal Outstanding beginning balance |
0
|
0
|
$ 0
|
| Amount Borrowed |
|
|
16,544
|
| Amount Repaid |
|
|
19,493
|
| Realized Gain (Loss) |
|
|
(2,949)
|
| Principal Outstanding ending balance |
|
|
0
|
| Unrealized Gain (Loss) |
|
|
$ 0
|
| Interest Rate |
|
|
4.30%
|
| Interest Expense |
|
|
$ 251
|
| Interest Payable |
|
|
$ 0
|
| Crypto Asset Loans | 5,200 ETH January 27, 2025 | Ether |
|
|
|
| Short-Term Debt [Line Items] |
|
|
|
| Amount of crypto loaned (in units) | crypto_unit |
|
|
5,200
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Amount of crypto repaid (in units) | crypto_unit |
|
|
5,200
|
| Crypto Asset Loans | 3,000 ETH, February 7, 2025 |
|
|
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Principal Outstanding beginning balance |
0
|
0
|
$ 0
|
| Amount Borrowed |
|
|
7,867
|
| Amount Repaid |
|
|
11,369
|
| Realized Gain (Loss) |
|
|
(3,502)
|
| Principal Outstanding ending balance |
|
|
0
|
| Unrealized Gain (Loss) |
|
|
$ 0
|
| Interest Rate |
|
|
4.30%
|
| Interest Expense |
|
|
$ 141
|
| Interest Payable |
|
|
$ 0
|
| Crypto Asset Loans | 3,000 ETH, February 7, 2025 | Ether |
|
|
|
| Short-Term Debt [Line Items] |
|
|
|
| Amount of crypto loaned (in units) | crypto_unit |
|
|
3,000
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Amount of crypto repaid (in units) | crypto_unit |
|
|
3,000
|
| Crypto Asset Loans | 5,280 ETH, February 28, 2025 |
|
|
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Principal Outstanding beginning balance |
0
|
0
|
$ 0
|
| Amount Borrowed |
|
|
11,696
|
| Amount Repaid |
|
|
19,271
|
| Realized Gain (Loss) |
|
|
(7,575)
|
| Principal Outstanding ending balance |
|
|
0
|
| Unrealized Gain (Loss) |
|
|
$ 0
|
| Interest Rate |
|
|
4.30%
|
| Interest Expense |
|
|
$ 192
|
| Interest Payable |
|
|
$ 0
|
| Crypto Asset Loans | 5,280 ETH, February 28, 2025 | Ether |
|
|
|
| Short-Term Debt [Line Items] |
|
|
|
| Amount of crypto loaned (in units) | crypto_unit |
|
|
5,280
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Amount of crypto repaid (in units) | crypto_unit |
|
|
5,280
|
| Crypto Asset Loans | 3,400 ETH March 10, 2025 |
|
|
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Principal Outstanding beginning balance |
0
|
0
|
$ 0
|
| Amount Borrowed |
|
|
6,338
|
| Amount Repaid |
|
|
8,417
|
| Realized Gain (Loss) |
|
|
(2,079)
|
| Principal Outstanding ending balance |
|
|
0
|
| Unrealized Gain (Loss) |
|
|
$ 0
|
| Interest Rate |
|
|
4.30%
|
| Interest Expense |
|
|
$ 51
|
| Interest Payable |
|
|
$ 0
|
| Crypto Asset Loans | 3,400 ETH March 10, 2025 | Ether |
|
|
|
| Short-Term Debt [Line Items] |
|
|
|
| Amount of crypto loaned (in units) | crypto_unit |
|
|
3,400
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Amount of crypto repaid (in units) | crypto_unit |
|
|
3,400
|
| Crypto Asset Loans | 86 BTC, March 11, 2025 |
|
|
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Principal Outstanding beginning balance |
0
|
0
|
$ 0
|
| Amount Borrowed |
|
|
7,130
|
| Amount Repaid |
|
|
8,871
|
| Realized Gain (Loss) |
|
|
(1,740)
|
| Principal Outstanding ending balance |
|
|
0
|
| Unrealized Gain (Loss) |
|
|
$ 0
|
| Interest Rate |
|
|
4.30%
|
| Interest Expense |
|
|
$ 60
|
| Interest Payable |
|
|
$ 0
|
| Crypto Asset Loans | 86 BTC, March 11, 2025 | Bitcoin |
|
|
|
| Short-Term Debt [Line Items] |
|
|
|
| Amount of crypto loaned (in units) | crypto_unit |
|
|
86
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Amount of crypto repaid (in units) | crypto_unit |
|
|
86
|
| Crypto Asset Loans | 2,500 ETH, March 28, 2025 |
|
|
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Principal Outstanding beginning balance |
0
|
0
|
$ 0
|
| Amount Borrowed |
|
|
4,739
|
| Amount Repaid |
|
|
6,189
|
| Realized Gain (Loss) |
|
|
(1,450)
|
| Principal Outstanding ending balance |
|
|
0
|
| Unrealized Gain (Loss) |
|
|
$ 0
|
| Interest Rate |
|
|
4.30%
|
| Interest Expense |
|
|
$ 27
|
| Interest Payable |
|
|
$ 0
|
| Crypto Asset Loans | 2,500 ETH, March 28, 2025 | Ether |
|
|
|
| Short-Term Debt [Line Items] |
|
|
|
| Amount of crypto loaned (in units) | crypto_unit |
|
|
2,500
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Amount of crypto repaid (in units) | crypto_unit |
|
|
2,500
|
| Crypto Asset Loans | 10,000 ETH, April 7, 2025 |
|
|
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Principal Outstanding beginning balance |
0
|
0
|
$ 0
|
| Amount Borrowed |
|
|
15,525
|
| Amount Repaid |
|
|
24,756
|
| Realized Gain (Loss) |
|
|
(9,231)
|
| Principal Outstanding ending balance |
|
|
0
|
| Unrealized Gain (Loss) |
|
|
$ 0
|
| Interest Rate |
|
|
4.00%
|
| Interest Expense |
|
|
$ 79
|
| Interest Payable |
|
|
$ 0
|
| Crypto Asset Loans | 10,000 ETH, April 7, 2025 | Ether |
|
|
|
| Short-Term Debt [Line Items] |
|
|
|
| Amount of crypto loaned (in units) | crypto_unit |
|
|
10,000
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Amount of crypto repaid (in units) | crypto_unit |
|
|
10,000
|
| Crypto Asset Loans | 1, 275 BTC, July 24, 2025 |
|
|
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Principal Outstanding beginning balance |
111,105
|
$ 0
|
$ 0
|
| Amount Borrowed |
0
|
|
150,959
|
| Amount Repaid |
74,654
|
|
0
|
| Realized Gain (Loss) |
76,306
|
|
0
|
| Principal Outstanding ending balance |
0
|
|
111,105
|
| Unrealized Gain (Loss) |
$ (39,854)
|
|
$ 39,854
|
| Interest Rate |
4.30%
|
|
4.30%
|
| Interest Expense |
$ 1,980
|
|
$ 2,538
|
| Interest Payable |
$ 0
|
|
$ 409
|
| Crypto Asset Loans | 1, 275 BTC, July 24, 2025 | Bitcoin |
|
|
|
| Short-Term Debt [Line Items] |
|
|
|
| Amount of crypto loaned (in units) | crypto_unit |
|
|
1,275
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Amount of crypto repaid (in units) | crypto_unit |
1,275
|
|
|
| Crypto Asset Loans | 822 BTC, March 18, 2026 |
|
|
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Principal Outstanding beginning balance |
$ 0
|
|
|
| Amount Borrowed |
58,571
|
|
|
| Amount Repaid |
48,129
|
|
|
| Realized Gain (Loss) |
10,442
|
|
|
| Principal Outstanding ending balance |
0
|
|
$ 0
|
| Unrealized Gain (Loss) |
$ 0
|
|
|
| Interest Rate |
4.00%
|
|
|
| Interest Expense |
$ 668
|
|
|
| Interest Payable |
$ 0
|
|
|
| Crypto Asset Loans | 822 BTC, March 18, 2026 | Bitcoin |
|
|
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Amount of crypto repaid (in units) | crypto_unit |
822
|
|
|
| Crypto Asset Loans | 2825 BTC, June 30, 2026 |
|
|
|
| Short Term Debt Abstract [Roll Forward] |
|
|
|
| Principal Outstanding beginning balance |
$ 0
|
|
|
| Amount Borrowed |
165,409
|
|
|
| Amount Repaid |
0
|
|
|
| Realized Gain (Loss) |
0
|
|
|
| Principal Outstanding ending balance |
165,409
|
|
$ 0
|
| Unrealized Gain (Loss) |
$ 0
|
|
|
| Interest Rate |
4.00%
|
|
|
| Interest Expense |
$ 18
|
|
|
| Interest Payable |
$ 18
|
|
|