Galaxy Digital Buys 500 Acres in Texas for Second AI-HPC Data Center Campus
JH Kim
Summary
- Galaxy Digital (GLXY) has bought a roughly 500-acre site in McGregor, Texas, to build its second AI-HPC data center campus.
- The facility will begin operations with an initial capacity of 74MW and will be expanded in phases through 2030.
- Galaxy Digital is accelerating its shift into the AI infrastructure business alongside other crypto miners and is focused on expanding its data-center business.
Forecast Trend Report by Period
Galaxy Digital (GLXY) has bought a roughly 500-acre site in McGregor, Texas, for its second artificial intelligence and high-performance computing data center campus, The Block reported on July 28.
The facility will launch with an initial capacity of 74 megawatts and expand in phases through 2030. Galaxy Digital, like other crypto miners, has been accelerating its shift toward AI infrastructure as it expands its data center business.
JH Kim
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