v3.26.1
DERIVATIVE ASSETS AND LIABILITIES - Schedule of Derivatives and Reconciles the Fair Value Measurement (Details) - USD ($)
$ in Thousands
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]    
Total derivative assets $ 0 $ 2,287
Total long-term derivative assets 78,800 5,200
Total derivative liabilities 0 2,922
Level 2 | Bitcoin option and selling contracts | Derivative Liabilities    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]    
Balance as of period beginning (2,922) (128)
Initial recognition 0 0
Purchases 4,122 64,965
Settlement 0 (99,256)
Remeasurement recognized in statement of operations (1,200) 31,497
Balance as of period end 0 (2,922)
Derivative Assets | Level 2 | Capped Call Transactions    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]    
Balance as of period beginning 5,200 0
Initial recognition 0 69,090
Purchases 0 0
Settlement 0 0
Remeasurement recognized in statement of operations 73,600 (63,890)
Balance as of period end 78,800 5,200
Total derivative assets 0 2,287
Total long-term derivative assets 78,800 5,200
Total derivative liabilities 0 (2,922)
Derivative Assets | Level 2 | Bitcoin option and selling contracts    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]    
Balance as of period beginning 2,287 0
Initial recognition 0 0
Purchases 0 89,478
Settlement (5,363) (73,659)
Remeasurement recognized in statement of operations 3,076 (13,532)
Balance as of period end 0 2,287
Derivative Assets | Level 2 | Bitcoin redemption options    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]    
Balance as of period beginning $ 0 3,418
Initial recognition   1,072
Purchases   0
Settlement   0
Remeasurement recognized in statement of operations   (4,490)
Balance as of period end   $ 0