The Most Mispriced AI Data Center in North America? Look Here

When most people see Galaxy Digital (GLXY), they see crypto. Wild price swings, Bitcoin connections, regulatory news… the usual things that make big investors avoid the stock.

That's just the surface. Here's what they're missing.

Hidden inside that crypto-labeled stock sits one a valuable AI infrastructure plays: a data center campus called Helios that Galaxy bought from Argo Blockchain in December 2022 for $65 million.

The deal came just seven months after Argo officially launched Helios in May 2022, during the worst part of the crypto crash when mining companies were facing serious money problems. Helios is located on a 160-acre campus in Dickens County, Texas. While the facility originally ran with 180 megawatts for Bitcoin mining, Galaxy transformed it and got approval for 800 megawatts of power capacity - a huge upgrade that reflects the higher power needs of AI infrastructure.