Galaxy Digital has secured ERCOT approval for an additional 830 MW at its Helios campus in West Texas, bringing total approved capacity at the site to over 1.6 GW. The company, listed on NASDAQ and TSX under the ticker GLXY, distinguishes its grid-validated power figures from the speculative numbers often advertised by competitors. Construction at the site is already underway under a multi-year lease agreement with GPU cloud provider CoreWeave, with initial power delivery planned for early 2026. Galaxy Digital, originally a crypto-focused merchant bank, leverages expertise gained from Bitcoin mining operations to build and operate this infrastructure directly.
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