Galaxy Digital launches revenue-generating AI data center at Helios with 133 MW power delivery to CoreWeave.

Galaxy Digital completed Phase I of power delivery at its Helios data center in West Texas, providing 133 MW to CoreWeave under a 15-year lease, marking the site's shift from Bitcoin mining to AI infrastructure. Phase II will add 260 MW as CoreWeave expands AI and HPC capacity, with total committed capacity reaching 526 MW across phases. The Helios campus, originally a large Bitcoin mining site, now spans over 2,200 acres with potential to scale to 3.6 gigawatts, expected to generate over $1 billion in annual revenue. This transition reflects broader industry trends of repurposing crypto mining sites for AI workloads amid rising cloud demand and crypto market pressures.