Galaxy Digital Holdings

Galaxy Digital delivered Phase I of its Helios data center on schedule and on budget, providing 133 MW to CoreWeave and expecting about $80 million of leasing revenue and >90% project-level adjusted EBITDA in Q3. The company completed a $3.5 billion five-year high-yield note financing to fully fund Phase II and expanded its development pipeline with three new Texas sites, taking potential power capacity above 5.7 GW. Firm-wide Q2 results included a GAAP net loss of $85 million and adjusted EBITDA of negative $77 million, while operating businesses showed improvement; Galaxy also grew its digital-assets infrastructure business with product launches (GOFR, Galaxy Curator) and a multiyear design partnership with Bank of New York. Management emphasized diversified, recurring revenue streams and continued capital allocation toward data centers and institutional digital-asset infrastructure. » Mere på finance.yahoo.com

Galaxy Digital reported a net loss of $85 million for Q2 2026 and an adjusted EPS of -$0.09, weighed down by digital asset impairments of $181 million and a revenue decline of about 15% to $8.56 billion. In addition, the research team was at the center of a security crisis around a Coldcard vulnerability; confirmed losses exceed $100 million and 1,596 stolen bitcoins. Analysts cut price targets, while the stock fell sharply in premarket trading and was quoted at $20.56. » Mere på de.investing.com

Galaxy Digital has acquired about 500 acres in McGregor, Texas to develop a data center campus for AI and high-performance computing. The first buildout is targeted at 74 MW, with coordination for expansions exceeding 75 MW on the ERCOT grid; long term, expansion to several hundred megawatts by 2030 is possible, depending on additional transmission infrastructure. The company is constructing a private substation, securing financing for local infrastructure measures and expects the local tax base to increase by at least $130 million; operations are to be powered and ramped up starting in 2028. » Mere på de.investing.com