Galaxy Digital is expanding its partnership with CoreWeave, committing an additional 260 megawatts (MW) of support for AI and high-performance computing (HPC) at its Helios data center in West Texas. This boost increases the total capacity for these operations to 393 MW, signifying a strategic pivot away from bitcoin mining toward a focus on digital infrastructure. CEO Mike Novogratz emphasized the importance of this move for long-term growth and diversification within the AI-driven data center market. The expansion follows a previous lease agreement for 133 MW and aligns with ongoing infrastructure upgrades expected to be ready by mid-2026. Galaxy's share prices surged 8% following the announcement, reflecting investor confidence in the company's new direction and growth potential, while CoreWeave also experienced a noticeable increase in its stock value. This strategic shift is viewed as a crucial step for Galaxy as it positions itself to capitalize on emerging opportunities in AI and HPC.

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