On July 20, Galaxy Digital rose 8.3% in regular trading, trading at $23.32/share, with turnover of $34.34 million. The stock rebounded strongly following a series of positive developments announced in recent days.
On July 17, Galaxy Digital signed a 15-year naming rights agreement with Texas Tech University, rebranding the home of Red Raider football as Galaxy Stadium starting with the current season. The partnership makes Galaxy the official data center and digital assets partner of Texas Tech Athletics and supports the company's broader expansion in West Texas, where it is investing in its Helios AI data center campus. Earlier in July, Galaxy completed Phase I of Helios, delivering 133 megawatts of critical IT load to CoreWeave under a 15-year lease, with Phase II targeting 260 MW by H1 of next year.
Additionally, Galaxy obtained a $500 million warehouse lending facility from Grove to finance institutional crypto-backed loans, and launched Galaxy Curator, an institutional vault management service built on the Morpho protocol. These developments collectively signal accelerating momentum across Galaxy's data center, lending, and institutional services businesses.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)