Galaxy Digital secures $460 million investment to transform a large AI data center in Texas

ChainCatcher news, Galaxy Digital has secured $460 million in private investment to transform its former Bitcoin mining facility in Texas into a large-scale artificial intelligence data center.

The deal involves the acquisition of 12.77 million Class A shares at a price of $36 per share, with the proceeds earmarked for general corporate purposes and the expansion of its Helios campus, which is expected to provide 133 megawatts of IT capacity by early 2026. The transaction is expected to be completed around October 17, 2025, pending approval from the Toronto Stock Exchange.