Why Is Galaxy Digital Stock Surging Thursday?

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Galaxy Digital Inc. (NASDAQ:GLXY) shares are climbing Thursday. Investors are weighing a massive infrastructure valuation alongside a cooling geopolitical climate.

Helios Facility Valued At $15 Billion

In the company’s 2025 annual report, published on Wednesday, CEO Mike Novogratz highlighted the Helios data center in Texas as a $15 billion powerhouse. The facility is approved for over 1.6 gigawatts of power. Novogratz noted the first 800 megawatts leased to CoreWeave Inc.(NASDAQ:CRWV) represent over $7.5 billion of capital investment alone.

“Combined with our newly approved 830 megawatts in a build-to-suit model, Helios likely represents well north of $15 billion …

Full story available on Benzinga.com

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