On July 30, Galaxy Digital Holdings Ltd. rose 8.32% in regular trading, trading at $20.62/share, with turnover of $36.15 million.
On the news front, the company recently announced the acquisition of approximately 500 acres of land in McGregor, Texas, for around $7.5 million to construct an AI and high-performance computing data center campus within the McGregor Industrial Park. The initial phase of development is expected to reach 74 megawatts, with power delivery anticipated in 2028 and potential expansion to several hundred megawatts through 2030. The company has signed an initial agreement with the Heart of Texas Electric Cooperative to support the required interconnection facilities.
This announcement follows the on-schedule completion of Phase I at its Helios data center campus in early July, which delivered 133 megawatts of critical IT load to CoreWeave under a 15-year lease agreement, with rent commencing in Q2. The company also recently priced a $3.51 billion offering of senior secured notes to finance construction of eight data halls in Texas with 400 MW of utility capacity.
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