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Segment Information - Schedule of Software Business Segment and Corporate & Other Category on a Consolidated Basis (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Total revenues $ 463,456 $ 496,261 $ 499,264
Sales and marketing (138,081) (149,671) (146,882)
Digital asset impairment losses (gains on sale), net (1,789,862) (115,851) (1,286,286)
Income (loss) from operations (1,852,978) (115,047) (1,275,742)
Interest expense, net [1] (61,941) (48,960) (53,136)
(Loss) gain on debt extinguishment (22,933) 44,686 0
Income tax benefit (provision) [2] 767,685 553,646 (147,332)
Other segment items [3] (1,920) (11,899) 76
Net (loss) income (1,166,661) 429,121 (1,469,797)
Total assets [4] 25,843,685 4,762,528  
Controllable      
Segment Reporting Information [Line Items]      
Sales and marketing [5] (105,782) (112,408) (106,348)
Maintenance [5] (28,739) (20,058) (19,211)
Consulting [5] (56,472) (61,019) (64,843)
Cloud [5] (42,731) (31,466) (24,488)
Technology [5] (105,140) (106,901) (115,225)
Corporate resources [5] (85,479) (84,947) (86,541)
Non-Controllable      
Segment Reporting Information [Line Items]      
Digital asset impairment losses (gains on sale), net [5] (1,789,862) (115,851) (1,286,286)
Digital asset custody fees [5] (5,956) (1,572) (1,870)
Share-based compensation expense [5] (77,124) (69,571) (63,619)
Payroll taxes on equity award exercises and vestings [5] (13,723) (820) (238)
Operating Segments | Software Business      
Segment Reporting Information [Line Items]      
Total revenues 463,456 496,261 499,264
Income tax benefit (provision) [2] 226,961 10,553 (14,798)
Other segment items [3] (167) (10,717) 1,058
Net (loss) income 175,060 8,907 5,011
Total assets [4] 743,190 470,353  
Operating Segments | Software Business | Controllable      
Segment Reporting Information [Line Items]      
Sales and marketing [5] (105,782) (112,408) (106,348)
Maintenance [5] (28,739) (20,058) (19,211)
Consulting [5] (56,472) (61,019) (64,843)
Cloud [5] (42,731) (31,466) (24,488)
Technology [5] (105,140) (106,901) (115,225)
Corporate resources [5] (85,479) (84,947) (86,541)
Operating Segments | Software Business | Non-Controllable      
Segment Reporting Information [Line Items]      
Share-based compensation expense [5] (77,124) (69,571) (63,619)
Payroll taxes on equity award exercises and vestings [5] (13,723) (820) (238)
Corporate & Other      
Segment Reporting Information [Line Items]      
Interest expense, net [1] (61,941) (48,960) (53,136)
(Loss) gain on debt extinguishment (22,933) 44,686  
Income tax benefit (provision) [2] 540,724 543,093 (132,534)
Other segment items [3] (1,753) (1,182) (982)
Net (loss) income (1,341,721) 420,214 (1,474,808)
Total assets [4] 25,100,495 4,292,175  
Corporate & Other | Non-Controllable      
Segment Reporting Information [Line Items]      
Digital asset impairment losses (gains on sale), net [5] (1,789,862) (115,851) (1,286,286)
Digital asset custody fees [5] $ (5,956) $ (1,572) $ (1,870)
[1] Interest expense, net is substantially related to interest expense on the Company’s long-term debt arrangements, the proceeds from which were primarily used to purchase bitcoin. All of the Company’s interest income and expense are presented in the Corporate & Other category.
[2] Income tax effects allocated to the Corporate & Other category are related solely to transactions involving the Company’s bitcoin or debt, including digital asset impairment, interest expense, gains and losses on debt extinguishments, and other third-party expenses.
[3] Other segment items for the Software Business are primarily related to foreign currency transaction gains and losses, costs supporting the Company’s education function, one-time corporate initiatives, and certain expenses that are not easily allocable to specific functions. Other segment items for the Corporate & Other category are primarily related to third-party consulting and advisory fees.
[4] Segment assets allocated to the Corporate & Other category are the Company’s digital assets and deferred tax assets related primarily to digital asset impairment losses and interest expense.
[5] Significant expenses regularly provided to the CODM include both: (i) costs that the CODM considers to be “controllable”, for which the Company can manage future expense via the budgeting process (e.g. salaries, commissions, travel and entertainment expenses, third party-service provider fees, etc.), and that support each specific function of the Software Business (i.e. sales and marketing, maintenance, consulting, cloud, technology, and corporate resources) and (ii) costs that the CODM considers to be “non-controllable”, for which future expenses are primarily outside the Company’s control, such as digital asset impairment and custody fees, share-based compensation expense, and employer payroll taxes related to the exercise or vesting of certain awards under the Stock Incentive Plans.