Galaxy Digital buys 500 acres in McGregor for second Texas AI data center campus
Galaxy Digital buys 500 acres in McGregor for second Texas AI data center campus
The McGregor plot will support a “privately funded campus” that is expected to generate a minimum of $130 million for the local tax base, Galaxy said.Galaxy’s first Texas facility, called Helios, was approved to expand to 1.63 GW of capacity, which will undergird a 15-year, multi-billion-dollar deal with CoreWeave.Last week, Galaxy was reportedly in the market to raise about $3.5 billion from a debut junk-bond sale to fund Helios’ Phase II expansion.