📌 How Galaxy Digital Turned A $65 Million Bitcoin Mining Rescue Into A $4.5 Billion AI Infrastructure Deal – Galaxy Digital turned its $65 million acquisition of the Helios mining facility during the 2022 crypto downturn into a major AI infrastructure business, anchored by a roughly $4. 5 billion hosting agreement with CoreWeave. Despite the deals potential to generate more than $1 billion in annual
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Galaxy Digital leveraged its $65M 2022 Helios buy to build an AI infrastructure business, repurposing former #Bitcoin mining capacity into data-center hosting. The pivot is anchored by a roughly $4.5B hosting agreement with CoreWeave and could generate more than $1B/year in revenue.
#Macro Insights# #GalaxyDigital #CoreWeave