v3.26.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating activities    
Net income (loss) $ (263) $ 385
Adjustments to reconcile net income (loss) to net cash from (used in) operating activities:    
Depreciation and amortization 148 85
Impairment of assets 2 16
Change 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)
(Gain) loss on disposal of property, plant and equipment (8) 0
Foreign exchange loss (gain) 1 2
Stock-based compensation expense 106 72
Amortization of debt issuance costs 8 1
Changes in assets and liabilities:    
Accounts receivable and other receivables (205) (13)
Other assets 4 0
Tax related receivables 0 3
Tax related liabilities 0 188
Accounts payable and accrued expenses (11) 3
Other liabilities 53 49
Deferred revenue 645 22
Prepayments and deposits (1) (12)
Operating lease liabilities 1 0
Net cash from (used in) operating activities 529 142
Investing activities    
Payments for property, plant and equipment, net of computer hardware (2,131) (180)
Payments for computer hardware (2,693) (100)
Payments for intangible assets (65) 0
Payments for other prepayments and deposits (337) 0
Proceeds from disposal of property, plant and equipment 54 0
Payment for the acquisition of subsidiaries, net of cash acquired 13 0
Proceeds from release of deposits 13 0
Net cash from (used in) investing activities (5,146) (280)
Financing activities    
Payment of offering costs for the issuance of Ordinary shares (6) (18)
Proceeds from the issuance of Ordinary shares 498 618
Proceeds from financing facilities 2,360 0
Repayment of borrowings (25) 0
Payment of borrowing transaction costs (19) (1)
Repayment of finance lease liabilities (30) 0
Proceeds from loan funded shares 1 1
Proceeds from exercise of options 0 6
Net cash from (used in) financing activities 2,779 606
Net increase (decrease) in cash, cash equivalents and restricted cash (1,838) 468
Cash, cash equivalents and restricted cash — beginning of period 7,620 565
Effects of exchange rate changes on cash, cash equivalents and restricted cash (4) 0
Cash, cash equivalents and restricted cash — end of period 5,778 1,033
Supplemental cash flow information:    
Cash paid for interest 34 0
Cash paid for income taxes 0 0
Supplemental schedule of non-cash investing and financing activities:    
Additions to right-of-use assets in exchange for lease liability 96 0
Issuance of Ordinary shares for business combination 502 0
Property, plant and equipment in accounts payable and accrued expenses 2,493 126
Reclassification of property, plant and equipment to assets held for sale 64 0
Issuance of Ordinary shares - stock-based compensation settlements $ 29 $ 2