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Consolidated statements of cash flows - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities      
Receipts from other income $ 438 $ 3,104 $ 0
Payments for electricity, suppliers and employees (139,535) (72,183) (32,231)
Interest received 5,008 803 4
Interest paid (213) (4,102) (5,253)
Net cash from/(used in) operating activities (restated) (130,870) (72,378) (37,480)
Cash flows from investing activities      
Proceeds from sale of Bitcoin mined (restated) 183,586 78,423 59,037
Payments for property, plant and equipment net of mining hardware prepayments (141,855) (116,064) (83,654)
Payments for mining hardware prepayments (338,054) 0 (210,593)
Payments for prepayments and other assets (18,600) (7,363) (22,038)
Repayments/(advancement) of loan proceeds 0 2,291 (1,870)
Deconsolidation of Non-Recourse SPVs 0 (1,214) 0
Proceeds from disposal of property, plant and equipment 43 32,488 40
Proceeds from release of deposits 0 18,395 0
Net cash from/(used in) investing activities (restated) (314,880) 6,956 (259,078)
Cash flows from financing activities      
Proceeds from hybrid financial instruments 0 0 107,845
Capital raise costs (946) (1,012) (4,212)
Proceeds from mining hardware finance 0 0 65,200
Repayment of borrowings 0 (9,432) (12,120)
Proceeds from Initial Public Offering (net of underwriting fees) 0 0 215,331
Proceeds from loan funded shares 503 0 0
Payment of borrowing transaction costs 0 (250) 0
Share issuances 783,069 39,252 0
Repayment of lease liabilities (497) (318) (6)
Net cash from financing activities 782,129 28,240 372,038
Net increase/(decrease) in cash and cash equivalents 336,379 (37,182) 75,480
Cash and cash equivalents at the beginning of the financial year 68,894 109,970 38,990
Effects of exchange rate changes on cash and cash equivalents (672) (3,894) (4,500)
Cash and cash equivalents at the end of the financial year 404,601 68,894 109,970
Adjustments      
Cash flows from operating activities      
Net cash from/(used in) operating activities (restated) (183,586) (78,423) (59,037)
Cash flows from investing activities      
Proceeds from sale of Bitcoin mined (restated) 183,586 78,423 59,037
Net cash from/(used in) investing activities (restated) 183,586 78,423 59,037
AI cloud service revenue      
Cash flows from operating activities      
Receipts from revenue $ 3,432 $ 0 $ 0