Galaxy, CoreWeave Expand Alliance With Data Center Expansion
Published:
2025-04-23 15:25:02
Galaxy Digital (GLXY) has deepened its strategic partnership with CoreWeave (CRWV), reinforcing its ambitions in the AI and HPC data center industry. Under a new agreement, CoreWeave will gain access to an additional 260 megawatts (MW) of critical IT load at Galaxy’s Helios data center campus in West Texas, bringing the total committed capacity for AI and HPC operations at the site to 393 MW. This move marks Galaxy’s shift away from
Bitcoin mining, with the Helios campus acquired from Argo Blockchain in 2022 becoming a cornerstone for next-gen digital infrastructure. CEO Mike Novogratz emphasized the strategic value of diversifying the company’s business across blockchain, crypto, and AI.
By:
|Square
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