| Schedule of Property and Equipment, Including Leased Property and Equipment |
Property and equipment, net, including leased property and equipment, consisted of the following (in thousands): | | | | | | | | | | | | | September 30, 2026 | | December 31, 2025 | | Miners and mining equipment | $ | 185,676 | | | $ | 289,680 | | | Leasehold improvements | 120,029 | | | 134,122 | | | Land | 191,847 | | | 79,054 | | Buildings | 89,033 | | | 66,594 | | | Infrastructure | 189,090 | | | 108,827 | | | Other | 2,742 | | | 1,873 | | | Construction-in-progress | 3,357,356 | | | 276,470 | | Deposits on equipment | 17,666 | | | 10,962 | | | Total cost of property and equipment | 4,153,439 | | | 967,582 | | | Less: accumulated depreciation | (253,559) | | | (334,165) | | | Property and equipment, net | $ | 3,899,880 | | | $ | 633,417 | |
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