v3.26.3
Segment Information- Segment revenue and segment gross profit (loss) (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Segment Information        
Total revenue $ 181,426,000 $ 180,229,000 $ 522,880,000 $ 494,604,000
Operating segments        
Segment Information        
Power 75,375,000 82,370,000 221,572,000 206,369,000
Compensation 6,217,000 4,801,000 17,009,000 13,932,000
Insurance on miners 882,000 1,462,000 3,420,000 4,386,000
Water and property tax 5,887,000 3,604,000 18,203,000 11,466,000
Tenant fit-out costs 9,534,000   56,147,000  
Materials 32,088,000 6,862,000 70,185,000 12,673,000
Labor 3,009,000 940,000 8,776,000 2,907,000
Other segment items 14,477,000 9,433,000 41,817,000 32,396,000
Segment gross profit (loss) 43,928,000 77,235,000 122,344,000 222,156,000
Intersegment eliminations        
Segment Information        
Total revenue (9,971,000) (6,818,000) (36,593,000) (18,152,000)
Segment gross profit (loss) (2,574,000) (6,818,000) (8,206,000) (18,152,000)
Other revenue        
Segment Information        
Total revenue   340,000   6,471,000
Segment gross profit (loss)   340,000   (5,500,000)
Total        
Segment Information        
Total revenue 181,426,000 179,889,000 522,880,000 488,133,000
Total | Operating segments        
Segment Information        
Total revenue 191,397,000 186,707,000 559,473,000 506,285,000
Total | Intersegment eliminations        
Segment Information        
Total revenue 9,971,000 6,818,000 36,593,000 18,152,000
Bitcoin Mining        
Segment Information        
Total revenue $ 115,990,000 $ 160,792,000 $ 341,621,000 $ 444,540,000
Segment Reporting, Other Segment Item, Composition, Description Bitcoin Mining: Bitcoin miner and network repair and maintenance costs. Bitcoin Mining: Bitcoin miner and network repair and maintenance costs. Bitcoin Mining: Bitcoin miner and network repair and maintenance costs. Bitcoin Mining: Bitcoin miner and network repair and maintenance costs.
Bitcoin Mining | Operating segments        
Segment Information        
Total revenue $ 116,142,000 $ 160,792,000 $ 341,773,000 $ 444,540,000
Power 74,849,000 82,370,000 220,665,000 206,369,000
Compensation 5,258,000 4,801,000 15,602,000 13,932,000
Insurance on miners 882,000 1,462,000 3,420,000 4,386,000
Water and property tax 5,887,000 3,604,000 18,195,000 11,466,000
Other segment items 2,728,000 3,528,000 7,748,000 12,605,000
Segment gross profit (loss) 26,538,000 65,027,000 76,143,000 195,782,000
Bitcoin Mining | Intersegment eliminations        
Segment Information        
Total revenue 152,000   152,000  
Data Centers        
Segment Information        
Total revenue 18,429,000   74,792,000  
Data Centers | Operating segments        
Segment Information        
Total revenue 18,429,000   74,792,000 0
Power 526,000   907,000  
Compensation 959,000   1,407,000  
Water and property tax     8,000  
Tenant fit-out costs 9,534,000   56,147,000  
Other segment items 162,000   185,000  
Segment gross profit (loss) 7,248,000   16,138,000 0
Engineering        
Segment Information        
Total revenue $ 47,007,000 $ 19,097,000 $ 106,467,000 $ 43,593,000
Segment Reporting, Other Segment Item, Composition, Description Engineering: Manufacturing overhead costs. Engineering: Manufacturing overhead costs. Engineering: Manufacturing overhead costs. Engineering: Manufacturing overhead costs.
Engineering | Operating segments        
Segment Information        
Total revenue $ 56,826,000 $ 25,915,000 $ 142,908,000 $ 61,745,000
Materials 32,088,000 6,862,000 70,185,000 12,673,000
Labor 3,009,000 940,000 8,776,000 2,907,000
Other segment items 11,587,000 5,905,000 33,884,000 19,791,000
Segment gross profit (loss) 10,142,000 12,208,000 30,063,000 26,374,000
Engineering | Intersegment eliminations        
Segment Information        
Total revenue $ 9,819,000 $ 6,818,000 $ 36,441,000 $ 18,152,000