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Galaxy Digital prices $3.5B notes to fund Texas data center expansion.

Company Fundamentals
23 Jul 2026
PRNewsWire
View Source
Neutral
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Galaxy Digital's subsidiary, Galaxy Helios Data Centers II LLC, has priced a $3.507 billion private offering of 9.875% senior secured notes due 2031. The funds will finance the development of two data center buildings in Dickens County, Texas, with 400 MW utility capacity and 260 MW IT capacity. The notes pay semi-annual interest and will mature in 2031, secured by the issuer's assets. This expansion supports Galaxy's position as a major North American data center developer focused on AI and digital assets infrastructure.

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