Prepaid expenses and other current assets - Schedule of Prepaid Expenses And Other Current Assets (Detail) - USD ($) $ in Thousands |
Jun. 30, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|---|---|---|---|
| Prepaid Expense and Other Assets, Current [Abstract] | |||
| Reserve income receivable | $ 187,897 | $ 138,889 | $ 101,190 |
| Prepaid expenses | 19,027 | 15,602 | 14,394 |
| Deferred offering costs | 0 | 4,235 | 782 |
| Digital financial assets | 532 | 14,328 | 0 |
| Income tax receivable | 1,567 | 8,507 | 25,647 |
| Other | 7,581 | 5,967 | 4,632 |
| Total prepaid expenses and other current assets | $ 216,604 | $ 187,528 | $ 146,645 |
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- Definition Digital financial assets. No definition available.
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- Definition Reserve income receivable. No definition available.
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- Definition Specific incremental costs directly attributable to a proposed or actual offering of securities which are deferred at the end of the reporting period. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Carrying amount due within one year of the balance sheet date (or one operating cycle, if longer) from tax authorities as of the balance sheet date representing refunds of overpayments or recoveries based on agreed-upon resolutions of disputes. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current assets classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits within a future period of one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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