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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities    
Net Income (Loss) $ (83,598) $ (61,710)
Less: Income from discontinued operations 0 (1,061)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Impairment expense - bitcoin 0 1,017
Bitcoin mining revenue, net (289,693) (115,661)
Gain on fair value of bitcoin, net (see Note 2) (107,406) 0
Proceeds from sale of bitcoin 0 111,889
Realized gain on sale of bitcoin 0 (762)
Bitcoin issued for services 1,146 510
Impairment of fixed assets 189,235 0
Impairment expense - other 396 0
Unrealized loss on derivative asset 1,005 1,110
Gain on fair value of contingent consideration 0 (2,485)
Stock based compensation 22,696 17,568
Depreciation and amortization 102,761 62,525
Deferred income taxes, net 3,499 0
Loss on disposal of assets 2,281 3
Other 304 411
Changes in operating assets and liabilities    
Decrease in operating lease liabilities (166) (19)
Increase in accounts payable and accrued liabilities 15,102 3,504
Decrease (increase) in prepaid expenses and other current assets (4,508) 2,663
Increase in other long-term assets (3,593) (2,940)
Net cash (used in) provided by operating activities from Continuing Operations (150,539) 16,562
Net cash (used in) provided by operating activities of Discontinued Operations (438) 1,118
Net cash (used in) provided by operating activities (150,977) 17,680
Cash Flows from Investing Activities    
Payments on miners and mining equipment (including deposits) (428,700) (165,508)
Purchase of fixed assets (53,289) (42,634)
Proceeds from sale of bitcoin 42,803 0
Asset acquisition - Mississippi Locations (19,771) 0
Asset acquisition - Dalton, GA Location (3,569) 0
Asset acquistion - land in Sandersville, GA (1,038) (1,430)
Proceeds from sale of miners 798 0
Acquisition of Mawson 0 (22,518)
Note receivable from GRIID (15,000) 0
Asset acquisition - Coinmaker LLC 0 (9,389)
Asset acquisition - LN Energy (25,932) 0
Net cash used in investing activities - Continuing Operations (503,698) (241,479)
Net cash provided by investing activities - Discontinued Operations 0 2,462
Net cash used in investing activities (503,698) (239,017)
Cash Flows from Financing Activities    
Payments on loans (5,296) (12,493)
Payments on preferred dividends (3,421) (21)
Payments on finance leases (117) (249)
Refund of loan commitment fee 0 150
Proceeds from loan payable 0 1,937
Payments of taxes on shares withheld for net settlement of restricted stock units (17,246) 0
Proceeds from exercise of options and warrants 661 0
Proceeds from equity offerings, net 780,043 233,383
Net cash provided by financing activities - Continued Operations 754,624 222,707
Net cash provided by financing activities - Discontinued Operations 0 0
Net cash provided by financing activities 754,624 222,707
Net increase in cash, cash equivalents and restricted cash 99,949 1,370
Cash, cash equivalents and restricted cash, beginning of period 29,215 20,463
Cash and cash equivalents, and restricted cash, end of period 129,164 21,833
Supplemental disclosure of cash flow information    
Cash paid for interest 1,473 2,279
Non-cash investing and financing transactions    
Shares issued for settlement of contingent consideration related to business acquisition 0 2,840
Receivable for equity proceeds 31,158 9,590
Fixed asset and miner purchases accrued not paid 3,180 0
Shares withheld for net settlement of restricted stock units related to tax withholdings 0 1,468
Fixed assets purchased through finance transactions 287 493
Software purchased with bitcoin 541 229
Reconciliation of cash, cash equivalents, and restricted cash:    
Cash and cash equivalents 126,141 21,833
Restricted cash 3,023 0
Restricted Cash and Cash Equivalents, Total $ 129,164 $ 21,833