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SEGMENTS - Schedule of Segment Profit (Loss) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Significant Accounting Policies [Line Items]      
Digital asset revenue $ 151,556 $ 140,051 $ 69,229
HPC lease revenue 16,899 0 0
Cost of revenue (exclusive of depreciation shown below) 82,663 62,608 27,315
Segment profit (loss) 66,045 69,794 37,025
Depreciation 88,597 59,808 28,350
Loss (gain) on fair value of digital assets, net 612 (2,200) 0
Realized gain on sale of digital assets 0 0 (3,174)
Impairment of digital assets 0 0 3,043
Change in fair value of contingent consideration 10,397 0 0
Loss on disposals of property, plant, and equipment, net 4,895 17,824 1,209
Operating loss (186,213) (76,216) (29,421)
Interest expense (80,248) (19,794) (34,812)
Change in fair value of warrants and derivatives (429,793) 0 0
Loss on extinguishment of debt 0 (6,300) 0
Other income 39,044 3,927 231
Loss before income tax and equity in net (loss) income of investee (657,210) (98,383) (64,002)
Nonrelated Party      
Significant Accounting Policies [Line Items]      
Operating expenses (including related party) 12,115 3,387 2,116
Selling, general and administrative expenses 139,465 57,883 23,693
Related Party      
Significant Accounting Policies [Line Items]      
Operating expenses (including related party) 7,632 4,262 2,773
Selling, general and administrative expenses 8,292 12,695 13,325
Digital Asset Mining Segment      
Significant Accounting Policies [Line Items]      
Digital asset revenue 151,556 140,051 69,229
Cost of revenue (exclusive of depreciation shown below) 80,199 62,608 27,315
Operating expenses (including related party) 12,394 7,583 4,889
Segment profit (loss) 58,963 69,860 37,025
HPC Leasing Segment      
Significant Accounting Policies [Line Items]      
HPC lease revenue 16,899 0 0
Cost of revenue (exclusive of depreciation shown below) 2,464 0 0
Operating expenses (including related party) 7,353 66 0
Segment profit (loss) $ 7,082 $ (66) $ 0