Galaxy Digital (GLXY) has acquired roughly 500 acres in McGregor, Texas, for a second synthetic intelligence (AI) and high-performance computing (HPC) information centre campus, the corporate mentioned on 28 Jul, increasing past its 1.6-gigawatt Helios flagship in West Texas.
Shares spiked as a lot as 4.4% to $23.10 on the information earlier than paring the transfer, buying and selling round $22 by 11:40UTC, close to the pre-announcement stage of $22.13.
The McGregor website is being developed below an settlement with the town and is predicted to achieve an preliminary 74 megawatts of capability, with energy because of start in 2028 and potential to develop right into a multi-hundred-megawatt campus by 2030. Not like Helios, which is anchored by a lease with CoreWeave, no tenant has been named for the brand new website.
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