Core Insights - Galaxy Digital (NASDAQ:GLXY) experienced a significant share price increase of 37.57% week-on-week, attributed to advancements in its data center capacity in Texas [1] Group 1: Company Developments - Galaxy Digital secured approval from the Electric Reliability Council of Texas for an additional 830 MW of computing demand at its Helios data center, raising the total approved capacity to 1.6 GW [2] - The company completed a Large Load Interconnection Study, facilitated by Wind Energy Transmission Texas, which will serve as the transmission interconnection provider for the Helios project [3] - The Helios data center is currently under construction and is expected to deliver its initial committed power capacity to CoreWeave, a major client, by early 2026 [3] Group 2: Future Plans and Announcements - Galaxy Digital is exploring expansion opportunities both within Texas and in other regions [4] - The company is scheduled to announce its financial and operational highlights for the past quarter on February 3, 2026, with a conference call planned for 8:30 AM EST [4]
Galaxy Digital (GLXY) Soars 37% on Data Center Expansion