| Schedule of Property and Equipment |
Property and equipment consist of the following:
|
|
|
|
|
|
|
|
|
|
|
As of |
|
($ in thousands) |
|
December 31, 2025 |
|
|
September 30, 2025 |
|
Land |
|
$ |
98,764 |
|
|
$ |
39,299 |
|
Land improvements |
|
|
10,317 |
|
|
|
9,937 |
|
Building and improvements |
|
|
96,872 |
|
|
|
96,400 |
|
Leasehold improvements |
|
|
2,941 |
|
|
|
2,941 |
|
Miners |
|
|
1,390,534 |
|
|
|
1,422,011 |
|
Mining equipment |
|
|
24,843 |
|
|
|
24,807 |
|
Infrastructure |
|
|
318,910 |
|
|
|
295,837 |
|
Machinery and equipment |
|
|
19,707 |
|
|
|
16,978 |
|
Furniture and fixtures |
|
|
3,021 |
|
|
|
2,626 |
|
Construction in progress |
|
|
32,008 |
|
|
|
12,788 |
|
Property and equipment, gross |
|
$ |
1,997,917 |
|
|
$ |
1,923,624 |
|
Less: Accumulated depreciation |
|
|
(639,440 |
) |
|
|
(559,943 |
) |
Property and equipment, net |
|
$ |
1,358,477 |
|
|
$ |
1,363,681 |
|
D
|