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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue:        
Total revenue $ 152,988 $ 70,018 $ 314,375 $ 149,314
Costs and expenses:        
Acquisition-related costs 111   187  
Selling, general, and administrative 75,902 61,189 147,350 118,841
Depreciation and amortization 83,197 37,326 161,123 69,669
Change in fair value of bitcoin (470,812) 76,403 (262,772) (157,677)
Change in fair value of derivative asset 42,747 (27,484) 853 (47,716)
Power curtailment credits (8,313) (13,897) (16,114) (19,028)
Change in fair value of contingent consideration (9,390)   (17,642)  
Loss on contract settlement 158,137   158,137  
Gain on acquisition post-close dispute settlement (26,007)   (26,007)  
Loss (gain) on sale/exchange of equipment 350 68 479 68
Casualty-related charges (recoveries), net (119) (187) (119) (2,487)
Total costs and expenses (63,158) 187,059 332,103 62,413
Operating income (loss) 216,146 (117,041) (17,728) 86,901
Other income (expense):        
Interest income 3,334 8,466 6,731 16,655
Interest expense (6,093) (314) (8,401) (698)
Gain (loss) on equity method investment - marketable securities 6,143 24,462 (57,095) 24,462
Other income (expense) 244 33 337 41
Total other income (expense) 3,628 32,647 (58,428) 40,460
Net income (loss) before taxes 219,774 (84,394) (76,156) 127,361
Current income tax benefit (expense) (320) (55) (757) (33)
Net income (loss) $ 219,454 $ (84,449) $ (76,913) $ 127,328
Basic net income (loss) per share (in Dollars per share) $ 0.65 $ (0.32) $ (0.23) $ 0.51
Diluted net income (loss) per share (in Dollars per share) $ 0.58 $ (0.32) $ (0.23) $ 0.51
Basic weighted average number of shares outstanding (in Shares) 336,278,380 264,625,308 332,912,120 249,711,377
Diluted weighted average number of shares outstanding (in Shares) 382,677,364 264,625,308 332,912,120 249,711,377
Bitcoin Mining        
Revenue:        
Total revenue $ 140,889 $ 55,764 $ 283,748 $ 127,160
Costs and expenses:        
Cost of revenue (excludes depreciation and amortization presented below): 78,175 35,275 152,993 71,824
Engineering        
Revenue:        
Total revenue 10,576 9,627 24,496 14,302
Costs and expenses:        
Cost of revenue (excludes depreciation and amortization presented below): 9,858 8,261 21,664 14,279
Other        
Revenue:        
Total revenue 1,523 4,627 6,131 7,852
Costs and expenses:        
Cost of revenue (excludes depreciation and amortization presented below): $ 3,006 $ 10,105 $ 11,971 $ 14,640