Galaxy Digital delivers 133 MW to CoreWeave in Helios data center buildout

What happened

Galaxy Digital announced that Phase I power is now fully operational at its Helios data center in West Texas, providing CoreWeave with 133 megawatts of IT capacity under a 15‑year lease.

Confirmed

Global impact / market context

The milestone shows Galaxy Digital moving away from volatile cryptocurrency mining toward stable AI infrastructure revenue, which could improve cash flow consistency and attract investors seeking exposure to growing AI compute demand.

Analyst inference

Demand for AI‑focused data center capacity is rising as companies expand machine‑learning workloads, prompting investors to watch firms that can supply large, reliable power bundles for high‑performance computing.

Analyst inference

What to watch

1. Whether Galaxy Digital can complete subsequent phases of Helios, adding more power and increasing lease revenue, which would signal successful scaling of its AI infrastructure business. Analyst inference
2. CoreWeave’s utilization of the 133 MW capacity and its ability to attract additional AI customers, impacting its growth prospects and the overall demand for the data center. Analyst inference
3. Broader market trends in AI compute spending and data‑center power costs, which could affect the profitability of similar lease arrangements and investor sentiment toward AI infrastructure assets. Analyst inference

Evidence

• cryptopolitan.com