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FAIR VALUE MEASUREMENTS - Assets and Liabilities Measured at Fair Value (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
Dec. 31, 2023
Assets        
Digital assets $ 25,169 $ 23,127    
Marketable securities 239,694 163,489    
Loans held for sale, at fair value 389,032 395,922 $ 468,142 $ 255,516
Loan servicing asset, at fair value 100,000 88,497 $ 74,440 $ 55,860
Level 3        
Assets        
Loans held for sale, at fair value 389,032 369,983    
Fair Value, Recurring | Carrying Value        
Assets        
Cash and cash equivalents 1,097,123 287,256    
Restricted cash 64,590 57,777    
Digital assets 108,680 86,036    
Distressed asset claims 3,068 7,589    
Marketable securities 239,694 163,489    
Loans held for sale, at fair value 389,032 395,922    
Loan servicing asset, at fair value 100,000 88,497    
Treasury note futures 11      
Total assets 2,002,198 1,086,566    
Liabilities        
Digital asset collateral repayment obligation 85,016 64,447    
Certificate repayment obligation 18,962      
Total liabilities 103,978 64,447    
Fair Value, Recurring | Estimate of Fair Value Measurement        
Assets        
Cash and cash equivalents 1,097,123 287,256    
Restricted cash 64,590 57,777    
Digital assets 110,185 86,036    
Distressed asset claims 3,068 7,589    
Marketable securities 239,694 163,489    
Loans held for sale, at fair value 389,032 395,922    
Loan servicing asset, at fair value 100,000 88,497    
Treasury note futures 11      
Total assets 2,003,703 1,086,566    
Liabilities        
Digital asset collateral repayment obligation 85,016 64,447    
Certificate repayment obligation 18,962      
Total liabilities 103,978 64,447    
Fair Value, Recurring | Level 1 | Estimate of Fair Value Measurement        
Assets        
Cash and cash equivalents 1,097,123 287,256    
Restricted cash 64,590 57,777    
Digital assets 110,185 86,036    
Distressed asset claims 0 0    
Marketable securities 0 0    
Loans held for sale, at fair value 0 0    
Loan servicing asset, at fair value 0 0    
Treasury note futures 11      
Total assets 1,271,909 431,069    
Liabilities        
Digital asset collateral repayment obligation 85,016 64,447    
Certificate repayment obligation 0      
Total liabilities 85,016 64,447    
Fair Value, Recurring | Level 2 | Estimate of Fair Value Measurement        
Assets        
Cash and cash equivalents 0 0    
Restricted cash 0 0    
Digital assets 0 0    
Distressed asset claims 0 0    
Marketable securities 201,386 128,983    
Loans held for sale, at fair value 0 0    
Loan servicing asset, at fair value 0 0    
Treasury note futures 0      
Total assets 201,386 128,983    
Liabilities        
Digital asset collateral repayment obligation 0 0    
Certificate repayment obligation 18,962      
Total liabilities 18,962 0    
Fair Value, Recurring | Level 3 | Estimate of Fair Value Measurement        
Assets        
Cash and cash equivalents 0 0    
Restricted cash 0 0    
Digital assets 0 0    
Distressed asset claims 3,068 7,589    
Marketable securities 38,308 34,506    
Loans held for sale, at fair value 389,032 395,922    
Loan servicing asset, at fair value 100,000 88,497    
Treasury note futures 0      
Total assets 530,408 526,514    
Liabilities        
Digital asset collateral repayment obligation 0 0    
Certificate repayment obligation 0      
Total liabilities $ 0 $ 0