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Fair Value - Schedule of Additional Items Measured on a Recurring Basis at Fair Value (Details) - Coinshares International Limited [Member] - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Total Assets $ 5,262,407 $ 5,878,817
Liabilities    
Total Liabilities 4,675,814 5,391,546
Fair Value, Inputs, Level 1 [Member]    
Assets    
Total Assets 4,008,462 4,477,855
Liabilities    
Total Liabilities 4,675,814 5,391,546
Fair Value, Inputs, Level 2 [Member]    
Assets    
Total Assets 1,253,945 1,400,962
Liabilities    
Total Liabilities
Fair Value, Inputs, Level 3 [Member]    
Assets    
Total Assets
Liabilities    
Total Liabilities
Digital assets - held for operations [Member]    
Assets    
Total Assets 3,974,713 4,466,678
Digital assets - held for operations [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets    
Total Assets 3,974,713 4,466,678
Digital assets - held for operations [Member] | Fair Value, Inputs, Level 2 [Member]    
Assets    
Total Assets
Digital assets - held for operations [Member] | Fair Value, Inputs, Level 3 [Member]    
Assets    
Total Assets
Digital assets - held as treasury [Member]    
Assets    
Total Assets 33,354 15,249
Digital assets - held as treasury [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets    
Total Assets 33,354 11,177
Digital assets - held as treasury [Member] | Fair Value, Inputs, Level 2 [Member]    
Assets    
Total Assets 4,072
Digital assets - held as treasury [Member] | Fair Value, Inputs, Level 3 [Member]    
Assets    
Total Assets
Digital asset ETPs [Member]    
Assets    
Total Assets 1,145,428 1,190,998
Digital asset ETPs [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets    
Total Assets
Digital asset ETPs [Member] | Fair Value, Inputs, Level 2 [Member]    
Assets    
Total Assets 1,145,428 1,190,998
Digital asset ETPs [Member] | Fair Value, Inputs, Level 3 [Member]    
Assets    
Total Assets
Digital asset receivables, net [Member]    
Assets    
Total Assets 108,517 205,892
Digital asset receivables, net [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets    
Total Assets
Digital asset receivables, net [Member] | Fair Value, Inputs, Level 2 [Member]    
Assets    
Total Assets 108,517 205,892
Digital asset receivables, net [Member] | Fair Value, Inputs, Level 3 [Member]    
Assets    
Total Assets
Prepaid and Other Current Assets – Cash Settled Digital Asset Futures [Member]    
Assets    
Total Assets [1] 395  
Prepaid and Other Current Assets – Cash Settled Digital Asset Futures [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets    
Total Assets [1] 395  
Prepaid and Other Current Assets – Cash Settled Digital Asset Futures [Member] | Fair Value, Inputs, Level 2 [Member]    
Assets    
Total Assets [1]  
Prepaid and Other Current Assets – Cash Settled Digital Asset Futures [Member] | Fair Value, Inputs, Level 3 [Member]    
Assets    
Total Assets [1]  
XBT Certificate Liabilities [Member]    
Liabilities    
Total Liabilities 2,465,007 3,695,537
XBT Certificate Liabilities [Member] | Fair Value, Inputs, Level 1 [Member]    
Liabilities    
Total Liabilities 2,465,007 3,695,537
XBT Certificate Liabilities [Member] | Fair Value, Inputs, Level 2 [Member]    
Liabilities    
Total Liabilities
XBT Certificate Liabilities [Member] | Fair Value, Inputs, Level 3 [Member]    
Liabilities    
Total Liabilities
XBT CS Physical Certificate Liabilities [Member]    
Liabilities    
Total Liabilities 1,279  
XBT CS Physical Certificate Liabilities [Member] | Fair Value, Inputs, Level 1 [Member]    
Liabilities    
Total Liabilities 1,279  
XBT CS Physical Certificate Liabilities [Member] | Fair Value, Inputs, Level 2 [Member]    
Liabilities    
Total Liabilities  
XBT CS Physical Certificate Liabilities [Member] | Fair Value, Inputs, Level 3 [Member]    
Liabilities    
Total Liabilities  
CS Physical Certificate Liabilities [Member]    
Liabilities    
Total Liabilities 2,041,154 1,453,943
CS Physical Certificate Liabilities [Member] | Fair Value, Inputs, Level 1 [Member]    
Liabilities    
Total Liabilities 2,041,154 1,453,943
CS Physical Certificate Liabilities [Member] | Fair Value, Inputs, Level 2 [Member]    
Liabilities    
Total Liabilities
CS Physical Certificate Liabilities [Member] | Fair Value, Inputs, Level 3 [Member]    
Liabilities    
Total Liabilities
Digital asset payables [Member]    
Liabilities    
Total Liabilities 168,374 241,705
Digital asset payables [Member] | Fair Value, Inputs, Level 1 [Member]    
Liabilities    
Total Liabilities 168,374 241,705
Digital asset payables [Member] | Fair Value, Inputs, Level 2 [Member]    
Liabilities    
Total Liabilities
Digital asset payables [Member] | Fair Value, Inputs, Level 3 [Member]    
Liabilities    
Total Liabilities
Trade and Other Payables – Cash Settled Digital Asset Futures [Member]    
Liabilities    
Total Liabilities   361
Trade and Other Payables – Cash Settled Digital Asset Futures [Member] | Fair Value, Inputs, Level 1 [Member]    
Liabilities    
Total Liabilities   $ 361
[1] Represents the value of cash settled digital asset futures.