4. BITCOIN (Tables)

3 Months Ended

Dec. 31, 2025

Common Domain Members [Abstract]

Schedule of Company's Bitcoin Holdings

The following table presents a description of the Company’s bitcoin holdings as of December 31, 2025 and September 30, 2025:


		As of
Bitcoin holdings		December 31, 2025				September 30, 2025
Number of bitcoin held			11,452				10,428
Cost basis - per bitcoin		$	104,390			$	105,025
Fair value - per bitcoin		$	87,498			$	114,068
Cost basis of bitcoin (in '000s)		$	1,195,444			$	1,095,151
Fair value of bitcoin (in '000s)		$	1,001,997			$	1,189,443

Schedule of Activities of The Bitcoin

The following table presents information based on the activity of bitcoin for the three months ended December 31, 2025 and 2024:


		Three months ended
($ in thousands)		December 31, 2025				December 31, 2024
Beginning Balance		$	1,189,443			$	431,661
Addition of bitcoin from mining activities(1)			181,180				162,306
Bitcoin purchased			31				—
Bitcoin sold			(28,177	)			—
Bitcoin issued for services and other non-cash consideration			(712	)			(3,413	)
Bitcoin transferred to collateral account			(524,299	)			(8,860	)
Bitcoin received from collateral account			431,363				129,180
(Loss) gain on fair value of bitcoin, net			(246,832	)			218,206
Ending Balance(2)		$	1,001,997			$	929,080

(1) Net of mining pool fees.

(2) Includes Bitcoin - current of $830,073 and Bitcoin - noncurrent of $171,924 as presented within Condensed Consolidated Balance Sheets as of December 31, 2025.