Description of Business, the Transactions and Basis of Presentation - Schedule of Reconciliation of Unaudited Condensed and Combined Balance Sheets Prior to and Following the Effectiveness Transactions (Details) - USD ($)
$ in Thousands

Description of Business, the Transactions and Basis of Presentation - Schedule of Reconciliation of Unaudited Condensed and Combined Balance Sheets Prior to and Following the Effectiveness Transactions (Details) - USD ($) $ in Thousands	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023
Current assets
Deposits and prepaid expenses	$ 2,943			$ 42,650
Derivative asset				18,076
Digital assets - pledged for miner purchase				92,389
Total current assets	10,919			153,115
Assets, Noncurrent [Abstract]
Property and equipment, net	370,823			43,089
Goodwill	151,779			53,082
Total non-current assets	1,151,902			953,283
Total assets	1,162,821			1,106,398
Current liabilities
Accounts payable and accrued expenses	106,465			31,012
Derivative liability				18,437
Income tax payable	20			889
Total current liabilities	148,120			50,338
Non-current liabilities
Total liabilities	587,368			91,331
Equity [Abstract]
Additional paid-in capital	568,455
Accumulated other comprehensive loss				(48,347)
Total stockholders' equity	575,453	$ 339,725	$ 115,757	1,015,067	$ 697,540	$ 614,291	$ 696,792	$ 473,784
Total liabilities and stockholders' equity	1,162,821			1,106,398
Held in Custody [Member]
Current assets
Digital assets - pledged for miner purchase
Assets, Noncurrent [Abstract]
Digital assets	117,879			525,236
Pledged as Collateral [Member]
Assets, Noncurrent [Abstract]
Digital assets				$ 331,876
Contribution and Stock Purchase Agreement
Current assets
Deposits and prepaid expenses
Derivative asset
Digital assets - pledged for miner purchase
Total current assets
Assets, Noncurrent [Abstract]
Property and equipment, net			121,112
Goodwill
Total non-current assets			121,112
Total assets			121,112
Current liabilities
Accounts payable and accrued expenses
Derivative liability
Income tax payable
Total current liabilities
Non-current liabilities
Deferred tax liability			5,355
Total liabilities			5,355
Equity [Abstract]
Parent net investment
Common Stock			5
Additional paid-in capital			115,752
Accumulated other comprehensive loss
Total stockholders' equity			115,757
Total liabilities and stockholders' equity			121,112
Contribution and Stock Purchase Agreement \| Held in Custody [Member]
Assets, Noncurrent [Abstract]
Digital assets
Contribution and Stock Purchase Agreement \| Pledged as Collateral [Member]
Assets, Noncurrent [Abstract]
Digital assets
Combined Balance Sheet [Member] \| Contribution and Stock Purchase Agreement
Current assets
Deposits and prepaid expenses			36,920
Derivative asset			21,397
Digital assets - pledged for miner purchase			79,893
Total current assets			138,210
Assets, Noncurrent [Abstract]
Property and equipment, net			123,079
Goodwill			53,169
Total non-current assets			943,599
Total assets			1,081,809
Current liabilities
Accounts payable and accrued expenses			108,235
Derivative liability			896
Income tax payable			19
Total current liabilities			109,150
Non-current liabilities
Deferred tax liability			21,103
Total liabilities			130,253
Equity [Abstract]
Parent net investment			995,436
Common Stock
Additional paid-in capital
Accumulated other comprehensive loss			(43,880)
Total stockholders' equity			951,556
Total liabilities and stockholders' equity			1,081,809
Combined Balance Sheet [Member] \| Contribution and Stock Purchase Agreement \| Held in Custody [Member]
Assets, Noncurrent [Abstract]
Digital assets			597,743
Combined Balance Sheet [Member] \| Contribution and Stock Purchase Agreement \| Pledged as Collateral [Member]
Assets, Noncurrent [Abstract]
Digital assets			169,608
Adjustments Post Carveout [Member] \| Contribution and Stock Purchase Agreement
Current assets
Deposits and prepaid expenses			(36,920)
Derivative asset			(21,397)
Digital assets - pledged for miner purchase			(79,893)
Total current assets			(138,210)
Assets, Noncurrent [Abstract]
Property and equipment, net			(1,967)
Goodwill			(53,169)
Total non-current assets			(822,487)
Total assets			(960,697)
Current liabilities
Accounts payable and accrued expenses			(108,235)
Derivative liability			(896)
Income tax payable			(19)
Total current liabilities			(109,150)
Non-current liabilities
Deferred tax liability			(15,748)
Total liabilities			(124,898)
Equity [Abstract]
Parent net investment			(995,436)
Common Stock			5
Additional paid-in capital			115,752
Accumulated other comprehensive loss			43,880
Total stockholders' equity			(835,799)
Total liabilities and stockholders' equity			(960,697)
Adjustments Post Carveout [Member] \| Contribution and Stock Purchase Agreement \| Held in Custody [Member]
Assets, Noncurrent [Abstract]
Digital assets			(597,743)
Adjustments Post Carveout [Member] \| Contribution and Stock Purchase Agreement \| Pledged as Collateral [Member]
Assets, Noncurrent [Abstract]
Digital assets			$ (169,608)