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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities    
Net income $ 365,389 $ (83,598)
Adjustments to reconcile net income to net cash used in operating activities:    
Bitcoin mining revenue, net (542,662) (289,693)
Gain on fair value of bitcoin (see Note 2 and Note 4) (359,190) (107,406)
Bitcoin issued for services 1,386 1,146
Impairment of fixed assets 0 189,235
Impairment - other 0 396
Loss on derivative securities 1,549 1,005
Gain on bitcoin collateral (73,847) 0
Stock based compensation 10,609 22,696
Depreciation and amortization 240,010 102,761
Deferred income taxes, net 24,281 3,499
(Gain) loss on disposal of assets (2,865) 2,281
Other 2,550 304
Changes in operating assets and liabilities    
Decrease in operating lease liabilities (656) (166)
Decrease in accounts payable and accrued liabilities 1,572 15,102
Increase in prepaid expenses and other current assets (3,886) (4,508)
Increase in other long-term assets (5,863) (3,593)
Net cash used in operating activities - Continuing Operations (341,623) (150,539)
Net cash used in operating activities of Discontinued Operations 0 (438)
Net cash used in operating activities (341,623) (150,977)
Cash Flows from Investing Activities    
Payments on miners and mining equipment (including deposits) (382,285) (428,700)
Purchase of fixed assets (133,986) (53,289)
Purchase of bitcoin (82,152) 0
Proceeds from sale of bitcoin 127,625 42,803
Proceeds from sale of miners 42,832 798
Proceeds from sale of derivative contracts 409 0
Acquisition of GRIID Infrastructure 1,411 0
Asset acquisition - Lafayette, GA Location (1,413) 0
Asset acquisition - Twin City, GA Location (5,490) 0
Asset acquisition - Tennessee Locations (8,105) 0
Asset acquisition - LN Energy 0 (25,932)
Asset acquisition - Mississippi Locations 0 (19,771)
Asset acquisition - Dalton, GA Location 0 (3,569)
Asset acquisition - land in Sandersville, GA 0 (1,038)
Note receivable from GRIID 0 (15,000)
Net cash used in investing activities - Continuing Operations (441,154) (503,698)
Net cash used in investing activities (441,154) (503,698)
Cash Flows from Financing Activities    
Purchase of treasury stock (145,000) 0
Payments for capped call (90,350) 0
Payments on loans (58,513) (5,296)
Payments of loan issuance costs (2,007) 0
Payments on preferred dividends (5,141) (3,421)
Payments on finance leases (34) (117)
Proceeds from loans payable, net of issuance fees 812,195 0
Payments of taxes on shares withheld for net settlement of restricted stock units (1,943) (17,246)
Proceeds from exercise of options and warrants 499 661
Proceeds from equity offerings, net 186,808 780,043
Net cash provided by financing activities - Continuing Operations 696,514 754,624
Net cash provided by financing activities 696,514 754,624
Net (decrease) increase in cash, cash equivalents and restricted cash (86,263) 99,949
Cash, cash equivalents and restricted cash, beginning of period 124,278 29,215
Cash and cash equivalents, and restricted cash, end of period 38,015 129,164
Supplemental disclosure of cash flow information    
Cash paid for interest 4,575 1,473
Non-cash investing and financing transactions    
Receivable for equity proceeds 0 31,158
Fixed asset and miner purchases accrued not paid 2,816 3,180
Fixed assets purchased through finance transactions 1,000 287
Miners and derivatives purchased with bitcoin 80,878 0
Software purchased with bitcoin 6,000 541
Preferred shares dividends accrued 5,603 0
Unrealized gain on investment in available-for-sale debt security 2,755 86
Bitcoin transferred to collateral account 291,278 0
Bitcoin transferred from collateral account 171,462 0
Shares issued in connection with GRIID Acquisition 60,677 0
Reconciliation of cash, cash equivalents, and restricted cash:    
Cash and cash equivalents 34,553 126,141
Restricted cash 3,462 3,023
Total cash, cash equivalents, and restricted cash shown in the statement of cash flows $ 38,015 $ 129,164