Galaxy Digital Secures $460M Investment for AI Data Center Transformation

Galaxy Digital, the company founded by Mike Novogratz, has secured a significant private investment of $460 million from a leading global asset manager. This investment will fuel the transformation of their former Bitcoin mining site in Texas into an advanced AI data center. The funds will be used for general corporate purposes and to expand their Helios campus, which is expected to provide 133 megawatts of IT capacity by early 2026. The company plans to use this investment to support the development of leading businesses in digital assets and data centers.