Galaxy Digital Raises $460 Million to Dump Bitcoin Mining for AI
Yahoo Finance·2025-10-11 12:16
In a bid to make an Artificial Intelligence (AI) data center out of its former Bitcoin mining site in Texas, Galaxy Digital has secured a $460 million private investment. According to sources familiar with the matter, the fund was obtained from one of the world’s “largest asset managers.” Galaxy Digital Awaits Approval From Toronto Stock Exchange Mike Novogratz’s Galaxy Digital recently received a $460 million private investment from one of the world’s largest asset managers, which it has failed to speci ...