Galaxy Digital Receives ERCOT Approval for 830 MW Expansion at Helios Data Center
Galaxy Digital has received ERCOT approval for an 830 megawatt expansion at its Helios data center in West Texas, raising its total capacity to approximately 1.6 gigawatts. The company plans to partner for this new capacity as part of its goal to develop a 3.5 gigawatt data center campus. Additionally, Galaxy closed its first tokenized collateralized loan obligation on the Avalanche blockchain, securing $75 million with potential for expansion to $200 million.
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Galaxy Digital received approval from ERCOT for an additional 830 megawatts at its Helios data center in West Texas, increasing total capacity to approximately 1.6 gigawatts. The company plans to seek partners for the new capacity and aims to build a 3.5 gigawatt data center campus.
Additionally, Galaxy announced the closing of its first tokenized collateralized loan obligation (CLO) on the Avalanche blockchain, securing $75 million with potential expansion to $200 million. The approval is viewed as a significant step in enhancing Galaxy's operations and market position.
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