GLXY News: Galaxy Lands $1.4B for Helios Data Center Expansion as CoreWeave Commits to 800 MW

GLXY News: Galaxy Lands $1.4B for Helios Data Center Expansion as CoreWeave Commits to 800 MW

The firm, led by Mike Novogratz, projected its deal with AI cloud firm CoreWeave could generate $1 billion annual revenue over 15 years.

Galaxy Digital Secures $1.4 Billion for Texas Data Center

The post Galaxy Digital Secures $1.4 Billion for Texas Data Center appeared on BitcoinEthereumNews.com. Key Points: Galaxy Digital secures $1.4 billion funding for Texas data center expansion. The facility supports AI and HPC operations. Reflects growing AI and crypto integration in finance. Galaxy Digital reportedly secured $1.4 billion to enhance its Helios campus in West Texas, focusing on AI and HPC infrastructure expansion for CoreWeave’s o…

Galaxy Digital Secures $1.4B Loan To Convert Helios Mining Facility To AI Data Center

Galaxy Digital has secured a $1.4 billion loan to repurpose its Helios Bitcoin mining center into an artificial intelligence data center. This move aligns with the digital asset management firm’s long-term deal with the Graphics Processing Unit (GPU) provider CoreWeave Inc. Loan Facility To Cover 80% Of Data Center Project On Friday, August 15, Galaxy Digital announced the closing of a $1.4 billion debt facility to support the development of its…

Mike Novogratz’s Galaxy Raises $1.4B To Convert Bitcoin Miner Into AI Hub - FinanceFeeds

Galaxy Digital has secured $1.4 billion in debt financing to overhaul its Helios bitcoin mining site in Texas into a high-capacity data center for artificial intelligence workloads under a 15-year lease with CoreWeave (CRWV). The financing, arranged by Deutsche Bank, will cover about 80% of the first-phase construction costs, with Galaxy adding $350 million in equity. The loan, maturing in August 2028, is secured by all assets tied to Helios I, …

Galaxy Digitals obtains $1.4 billion to fast track Texas crypto AI-based center

Galaxy Digitals, a leading digital asset and data center infrastructure firm, has secured a $1.4 billion project financing facility. This funding will fast-track its Texas crypto AI-based center. The firm confirmed the loan in a blog post on Friday, adding that this funding will fast-track its Texas crypto AI-based center. Galaxy Digitals added that the debt facility will fully fund the initial retrofit and expansion of Helios. This will also de…

Galaxy Digital’s Bold $1.4B Move: Transforming Crypto Mining Facility into AI Powerhouse

BitcoinWorld Galaxy Digital’s Bold $1.4B Move: Transforming Crypto Mining Facility into AI Powerhouse In a significant strategic move, Galaxy Digital (Nasdaq: GLXY) is making headlines by securing a substantial $1.4 billion in debt financing. This isn’t just about raising capital; it’s about a funda...