v3.26.1
Fair Value of Financial Instruments - Schedule of Fair Value, Assets Measured on Recurring Basis (Details) - Fair Value Measurements Recurring [Member]
$ in Thousands
Jun. 30, 2026
USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Total assets measured at fair value $ 2,052,132
HYPE Digital Assets [Member]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Total assets measured at fair value 1,904,052
Money market funds  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Total assets measured at fair value 100,394 [1]
USDC  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Total assets measured at fair value 12,024 [2]
Treasury Funds  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Total assets measured at fair value 35,662 [1]
Level 1 [Member]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Total assets measured at fair value 2,052,132
Level 1 [Member] | HYPE Digital Assets [Member]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Total assets measured at fair value 1,904,052
Level 1 [Member] | Money market funds  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Total assets measured at fair value 100,394 [1]
Level 1 [Member] | USDC  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Total assets measured at fair value 12,024 [2]
Level 1 [Member] | Treasury Funds  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Total assets measured at fair value 35,662 [1]
Level 2 [Member]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Total assets measured at fair value 0
Level 3 [Member]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Total assets measured at fair value $ 0
[1] Included in cash and cash equivalents on the consolidated balance sheets.
[2] Included in prepaids and other current assets on the consolidated balance sheets.