PROPERTY, PLANT AND EQUIPMENT (Tables)

3 Months Ended

Mar. 31, 2025

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

Property, plant and equipment, net consisted of the following (in thousands):

	March 31, 2025		December 31, 2024
Miners	$	250,924	$	192,655
Construction in process	183,353		107,624
Leasehold improvements	119,570		91,614
Equipment	37,566		32,031
Vehicles	121		104
Deposits on miners	—		53,913
	591,534		477,941
Less: accumulated depreciation	(81,646)		(66,072)
	$	509,888	$	411,869