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Condensed and Combined Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
Revenue $ 64,220 $ 11,610 $ 106,843 $ 55,880
Cost of revenue (exclusive of depreciation and amortization shown below) 28,279 11,125 55,267 39,573
Operating (income) expenses:        
Depreciation and amortization 15,215 4,313 31,590 17,791
General and administrative expenses 8,052 4,812 26,062 23,641
Loss on sale of property and equipment 2,454
Loss (gain) on digital assets 5,475 1,551 114,832 (201,147)
Total operating expenses (income) 28,742 10,676 174,938 (159,715)
Operating income (loss) 7,199 (10,191) (123,362) 176,022
Other income (expense):        
Interest income (expense) 372 (3,489)
(Loss) gain on derivatives (1,999) 2,704 18,863 19,923
Gain on warrant liability 26 26
Gain on debt extinguishment 5,966 5,966
Total other (expense) income (1,973) 9,042 18,889 22,400
Net income (loss) from continuing operations before taxes 5,226 (1,149) (104,473) 198,422
Income tax (provision) benefit (1,751) 573 10,756 (24,833)
Net icome (loss) from continuing operations 3,475 (576) (93,717) 173,589
Loss from discontinued operations (net of income tax benefit of nil, nil, nil, and $1.6 million, respectively) (4,816)
Net income (loss) 3,475 (576) (93,717) 168,773
Other comprehensive income (loss):        
Foreign currency translation adjustments 8,786 4,467 (14,555)
Total comprehensive income (loss) $ 3,475 $ 8,210 $ (89,250) $ 154,218
Net income per share of common stock:        
Basic from continuing operations $ (0.1) $ 0.19
Diluted from continuing operations $ (0.1) $ 0.19
Weighted average number of shares of common stock outstanding:        
Basic 899,354,931 891,762,280 894,366,300 891,762,280
Diluted 899,489,426 891,762,280 894,366,300 891,762,280