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Nasdaq Approves $15B AI Expansion

Galaxy Digital’s Nasdaq Debut and Helios Expansion

  • Galaxy Digital filed its first annual report as a Nasdaq-listed company on April 8, 2026.
  • The Helios AI data center in West Texas has over 1.6 gigawatts of approved capacity with a projected investment exceeding $15 billion.
  • CEO Mike Novogratz aims to build a multi-hundred-billion-dollar digital infrastructure portfolio.
  • The first tranche of Helios capacity, totaling 800 megawatts, is leased to Coreweave for over $7.5 billion in capital investment.
  • Galaxy Digital plans to acquire more data center sites to diversify across geographies and technologies.

Galaxy Digital’s listing on Nasdaq marks a significant step for the firm, enhancing its visibility and transparency in capital markets. The expansion of the Helios AI data center underscores the growing demand for compute power as institutional interest accelerates.

With over $15 billion projected for the Helios site, Galaxy Digital is positioning itself at the forefront of digital infrastructure growth, aiming to support increased institutional crypto activity through enhanced capacity and strategic acquisitions.(Source)

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