Galaxy Digital delivers 133 MW to CoreWeave in Helios data center buildout
The post Galaxy Digital delivers 133 MW to CoreWeave in Helios data center buildout appeared on BitcoinEthereumNews.com. Galaxy Digital has reached a major milestone in its shift from cryptocurrency mining to artificial intelligence infrastructure. The company has reported that Phase I power is fully operational at its Helios data center campus in West Texas. This grants CoreWeave (CRWV) 133 megawatts of critical IT capacity through a 15-year lease, marking the site’s evolution from bitcoin mining to AI operations. Phase 1 billing starts in Q2 2026. Originally a top-tier 180 MW North American bitcoin mine, Galaxy purchased Helios in 2022 for $65 million. Galaxy has since halted crypto mining to pivot the site toward AI and high-performance computing. Galaxy’s Phase II is in its greenfield stage Phase I met both its timeline and budget targets according to Galaxy. At the start of the project, Galaxy committed $350 million in equity, with the remaining construction cost financed through