Core Insights - Galaxy Digital (NASDAQ:GLXY) experienced a significant stock price increase of 13.48%, closing at $31.99, following the approval for an additional 830 MW data center in West Texas [1][4] - The approval from the Electric Reliability Council of Texas raises the total approved capacity of the Helios data center to 1.6 GW, effectively doubling its power capacity [2][4] - The company has entered into a service agreement with AEP Texas Inc. to support the expansion of the Helios data center [3] Expansion Details - The new 830 MW approval is a crucial advancement in the long-term development of the Helios data center, which is still under construction and expected to deliver initial power to CoreWeave in early 2026 [4] - Galaxy Digital is exploring additional power and land opportunities both within Texas and beyond [5] Upcoming Financial Announcements - The company is scheduled to announce its financial and operating highlights on February 3, 2026, with a conference call planned for 8:30 AM EST to discuss the results [5]
Galaxy Digital (GLXY) Soars 13.5% on Helios Data Center Expansion