Galaxy Digital delivers first data center tranche to CoreWeave after narrowing Q1 loss
Burns Brief
Galaxy secured approval to double its Helios data center power capacity to over 1 The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Galaxy secured approval to double its Helios data center power capacity to over 1.6GW, building on its strategic expansion into AI infrastructure.
Key Takeaways
- Galaxy secured approval to double its Helios data center power capacity to over 1
- 6GW, building on its strategic expansion into AI infrastructure