Galaxy Digital Targets 3.5GW Helios Data Center Capacity as CoreWeave Exercises Final Option

Galaxy Digital aims to reach 3.5GW Helios data center capacity. The company's Q2 2025 earnings call revealed positive performance, with July being the best month to date. CoreWeave has exercised its final option, and Michael Edward Novogratz, CEO, expressed excitement regarding the company's growth.

Galaxy Digital Inc. (NASDAQ: GLXY) has announced significant milestones in its data center expansion and financial performance, as revealed in its Q2 2025 earnings call. The company aims to increase the capacity of its Helios data center campus to 3.5 gigawatts (GW), a substantial expansion that underscores its commitment to the digital asset and infrastructure sectors.

In a recent press release, Galaxy Digital reported that its Q2 2025 financial results demonstrated positive performance, with July marking the strongest month to date for its Digital Assets operating business. The company achieved a net income of $30.7 million, a gain of $0.08 per diluted share, and an adjusted EBITDA of $211 million. These figures reflect the appreciation of balance sheet digital assets and investments, as well as positive performance in the Digital Assets operating business [2].

The expansion of the Helios campus to 3.5GW is a significant step forward for Galaxy Digital. CoreWeave, a key client, exercised its final option to access an additional 133 megawatts (MW) of critical IT load for its artificial intelligence (AI) and high-performance computing (HPC) operations. This expansion brings the total potential power capacity at the Helios campus to 3.5GW, with CoreWeave committing to the full 800 MW of gross power approved at the site. Additionally, Galaxy Digital entered into a definitive agreement to acquire 160 acres of land and a 1 GW load interconnection request adjacent to the Helios campus, further enhancing its data center infrastructure [2].

CEO Michael Edward Novogratz expressed excitement about the company's growth and the potential of its data center expansion. "The expansion of the Helios campus to 3.5GW is a significant milestone for Galaxy Digital," said Novogratz. "This expansion will not only support our current clients but also position us to serve future growth in the digital asset and AI sectors."

Galaxy Digital's focus on data center infrastructure is part of its broader strategy to integrate blockchain technology with traditional financial services. The company's recent exploration of tokenizing its Nasdaq-listed shares for on-chain trading is another example of this approach. By leveraging its existing blockchain infrastructure and expertise, Galaxy Digital aims to offer innovative solutions that appeal to investors interested in both traditional and digital assets [1].

In conclusion, Galaxy Digital's Q2 2025 earnings call highlighted the company's positive financial performance and its commitment to expanding its data center infrastructure. With a focus on digital assets and innovative financial solutions, Galaxy Digital continues to position itself as a leader in the intersection of traditional and digital finance.

References:
[1] Galaxy Digital Explores Turning Its Stock Into Tokens for Onchain Trading (https://coindoo.com/galaxy-digital-explores-turning-its-stock-into-tokens-for-onchain-trading/)
[2] Galaxy Digital Inc. (NASDAQ: GLXY) Announces Second Quarter 2025 Financial Results (https://www.prnewswire.com/news-releases/galaxy-announces-second-quarter-2025-financial-results-302521785.html)