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ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables) | 6 Months Ended
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Jun. 30, 2025
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES |
Summary of accrued expenses and other current liabilities | ​
​ | ​ | ​ | ​ | ​
​ |  | As of December 31, 2024 |  | As of June 30, 2025
Payment due for mining machine purchase | ​ | 126,317,900 | ​ | 91,031,715
Payment due for hosting expenses | ​ | 40,109,274 | ​ | 66,246,656
Customer advances | ​ | 1,637,864 |  | 2,930,243
Other tax payables | ​ | — |  | 2,148,880
Interest payable | ​ | 63,640 | ​ | 1,328,265
Payable to employees | ​ | 2,000,000 | ​ | —
Accrued professional service fees | ​ | 781,798 | ​ | —
Others | ​ | 80,043 |  | 80,638
​ | ​ | 170,990,519 |  | 163,766,397
​

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- Definition Tabular disclosure of liabilities incurred to suppliers for goods and services received and accrued liabilities classified as other. + References No definition available. + Details
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