Galaxy Digital Shifts Toward AI With Massive West Texas Data Center

• Galaxy Digital plans to build a 1.6-gigawatt data center in West Texas, described as America’s largest single-campus facility.
• Roughly half of the capacity is already leased, with management indicating the site could be fully leased by the end of summer.
• The company is shifting focus from Bitcoin mining toward providing infrastructure for artificial intelligence workloads.

For investors tracking NasdaqGS:GLXY, this move comes with the stock trading at $32.68 and showing a very large 3 year return, alongside a 63.4% return over the past year. In the shorter term, the stock is up 12.5% over the past week and 8.1% over the past month, so this new data center plan arrives on top of already strong recent momentum.

This pivot toward AI infrastructure adds another pillar to Galaxy Digital’s business mix, which has historically been closely tied to digital assets and Bitcoin mining. The way the company executes on the West Texas build out and leasing plan could influence how durable this newer AI focused story becomes in the overall GLXY investment case.

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2 things going right for Galaxy Digital that this headline doesn’t cover.

Investor Checklist: Galaxy Digital’s AI Data Center Pivot

Quick Assessment

• ⚖️ Price vs Analyst Target: At US$32.68, GLXY trades about 22% below the US$41.69 analyst target, with estimates spanning US$28 to US$57.
• ⚖️ Simply Wall St Valuation: Valuation is currently flagged as unknown, so treat the stock as un-rated on this metric for now.
• ✅ Recent Momentum: A 30 day return of 8.1% adds short term support around the data center announcement.

There’s only one way to know the right time to buy, sell or hold Galaxy Digital. Head to Simply Wall St’s company report for the latest analysis of Galaxy Digital’s Fair Value.

Key Considerations

• 📊 The 1.6 GW West Texas data center and shift toward AI infrastructure broaden Galaxy Digital’s story beyond Bitcoin mining and digital assets.
• 📊 Watch leasing progress at the site, capital spending, and any updates on how AI workloads translate into revenue and earnings per share, which currently sit in loss making territory.
• ⚠️ Debt coverage by operating cash flow is a flagged issue, so the funding path for such a large build is a key risk to track.

Dig Deeper

For the full picture including more risks and rewards, check out the complete Galaxy Digital analysis. Alternatively, you can check out the community page for Galaxy Digital to see how other investors believe this latest news will impact the company’s narrative.

This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.

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