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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Revenue:    
Total revenue $ 240,295 $ 52,764
Cost of revenue (exclusive of depreciation and amortization shown below):    
Total cost of revenue (80,673) (31,859)
Operating (expenses) income:    
Selling, general and administrative expenses (138,359) (25,172)
Depreciation and amortization (85,226) (33,931)
Impairment of assets (16,257) (6,942)
Gain (loss) on disposal of property, plant and equipment (13) 833
Other operating expenses 0 (4,405)
Other operating income 3,828 1,626
Total operating (expenses) income (236,027) (67,991)
Operating (loss) income (76,405) (47,086)
Other (expense) income:    
Finance expense (9,280) (22)
Interest income 7,128 2,289
Increase (decrease) in fair value of assets held for sale 0 (2,582)
Realized gain (loss) on financial instruments (5,756) (4,215)
Unrealized gain (loss) on financial instruments 664,993 0
Foreign exchange gain (loss) (5,382) 1,190
Other non-operating income 0 5
Total other (expense) income 651,703 (3,335)
Income (loss) before taxes 575,298 (50,421)
Income tax (expense) benefit (190,687) (1,282)
Net income (loss) $ 384,611 $ (51,703)
Net income (loss) per share of Ordinary shares:    
Basic net income (loss) per share of Ordinary shares ( in USD per share) $ 1.42 $ (0.27)
Basic weighted-average shares used in computing net income loss per share of Ordinary shares (in shares) 270,696,733 189,262,447
Diluted net income (loss) per share of Ordinary shares (in USD per share) $ 1.08 $ (0.27)
Diluted weighted-average shares used in computing net income loss per share of Ordinary shares (in shares) 361,680,593 189,262,447
Other comprehensive income (loss):    
Change in foreign currency translation adjustments $ (5,458) $ 1,854
Total comprehensive income (loss) 379,153 (49,849)
Bitcoin mining    
Revenue:    
Total revenue 232,948 49,575
Cost of revenue (exclusive of depreciation and amortization shown below):    
Total cost of revenue (79,945) (31,627)
AI Cloud Services    
Revenue:    
Total revenue 7,347 3,189
Cost of revenue (exclusive of depreciation and amortization shown below):    
Total cost of revenue $ (728) $ (232)