v3.26.3
Segment information (Details)
$ in Millions
3 Months Ended
Sep. 30, 2026
USD ($)
segment
Sep. 30, 2025
USD ($)
Reportable segment revenue    
Total segment and consolidated revenue $ 200 $ 7
Reportable segment cost of revenue (exclusive of depreciation and amortization shown below):    
Total segment and consolidated cost of revenue (46) (81)
Reconciling items:    
Selling, general and administrative expenses (217) (138)
Research and development expenses (7) 0
Depreciation and amortization (148) (85)
Impairment of assets (2) (16)
Gain (loss) on disposal of property, plant and equipment 8 0
Other operating expenses (4) 0
Other operating income 2 4
Finance expense (73) (9)
Interest income 51 7
Increase (decrease) in fair value of assets held for sale (21) 0
Realized gain (loss) on financial instruments 0 (6)
Unrealized gain (loss) on financial instruments (28) 665
Foreign exchange gain (loss) (4) (5)
Income tax (expense) benefit (2) (191)
Net income (loss) $ (263) 385
Number of reportable segments | segment 2  
Operating segments    
Reportable segment revenue    
Total segment and consolidated revenue $ 228 240
Reportable segment cost of revenue (exclusive of depreciation and amortization shown below):    
Total segment and consolidated cost of revenue (46) (81)
Total segment gross profit (loss) 182 160
Reconciling items:    
Selling, general and administrative expenses (217) (138)
Research and development expenses (7) 0
Depreciation and amortization (148) (85)
Impairment of assets (2) (16)
Gain (loss) on disposal of property, plant and equipment 8 0
Other operating expenses (4) 0
Other operating income 2 4
Finance expense (73) (9)
Interest income 51 7
Increase (decrease) in fair value of assets held for sale (21) 0
Realized gain (loss) on financial instruments 0 (6)
Unrealized gain (loss) on financial instruments (28) 665
Foreign exchange gain (loss) (4) (5)
Income tax (expense) benefit (2) (191)
Net income (loss) (263) 385
Operating segments | AI Cloud    
Reportable segment revenue    
Total segment and consolidated revenue 200 7
Reportable segment cost of revenue (exclusive of depreciation and amortization shown below):    
Total segment and consolidated cost of revenue (28) (1)
Operating segments | Bitcoin Mining    
Reportable segment revenue    
Total segment and consolidated revenue 28 233
Reportable segment cost of revenue (exclusive of depreciation and amortization shown below):    
Total segment and consolidated cost of revenue $ (18) $ (80)