Galaxy Digital targets $3.5B junk bond sale to expand Texas AI data center

cryptonews16:59

Galaxy Digital has launched a planned $3.5 billion high-yield bond sale to help finance the expansion of its Helios data center campus in West Texas. Summary Galaxy Digital is raising about $3.5 ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGalaxy Digital targets $3.5B junk bond sale to expand Texas AI data center\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-23 16:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/galaxy-digital-targets-3-5b-junk-bond-sale-to-expand-texas-ai-data-center/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Galaxy Digital has launched a planned $3.5 billion high-yield bond sale to help finance the expansion of its Helios data center campus in West Texas.\n\n\nSummary\n\n\n\nGalaxy Digital is raising about $3.5 ...</p>\n\n<a href=\"https://crypto.news/galaxy-digital-targets-3-5b-junk-bond-sale-to-expand-texas-ai-data-center/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GOOW","symbol_name":"Roundhill GOOGL WeeklyPay ETF","start_time":0,"source_url":"https://crypto.news/galaxy-digital-targets-3-5b-junk-bond-sale-to-expand-texas-ai-data-center/","article_id":"2653748574","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/galaxy-digital-targets-3-5b-junk-bond-sale-to-expand-texas-ai-data-center/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2653748574","pubTimestamp":1784797188,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Galaxy Digital has launched a planned $3.5 billion high-yield bond sale to help finance the expansion of its Helios data center campus in West Texas.Galaxy Digital is raising about $3.5 billion through its first junk bond sale to expand its Helios AI data center campus in Texas.The financing is backed by long term CoreWeave contracts that Galaxy expects to generate more than $1 billion in annual revenue.The bond sale adds to Galaxy’s growing investments in AI infrastructure alongside its digital asset and institutional businesses.According to a Bloomberg report, the digital assets and AI infrastructure company intends to use the proceeds from its first junk bond offering to finance part of the Helios Data Center Campus in Dickens County, Texas, while also funding debt service reserves tied to the project.The planned issuance adds Galaxy to a growing list of infrastructure developers using the U.S. high-yield debt market to fund large artificial intelligence projects. Bloomberg data sho","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"GOOW":"Roundhill GOOGL WeeklyPay ETF","BTFX":"比特币期货ETF-CoinShares","TEK":"iShares Technology Opportunities Active ETF","AMZY":"AMZN期权收益策略ETF-YieldMax","GOOX":"2倍做多GOOG ETF-T-REX","OGIG":"ALPS O'Shares Global Internet Giants ETF","AMZZ":"2倍做多AMZN ETF-GraniteShares","IREC":"Corgi IREN 2x Daily ETF","QQJG":"INVESCO ESG NASDAQ NEXT GEN 100 ETF","CLCG":"CROSSMARK LARGE CAP GROWTH ETF","WDAI":"Pacer S&P World 3AI Top 300 ETF","LRNZ":"TrueShares Technology, AI & Deep Learning ETF","RULE":"Adaptive Core ETF","AIBU":"Direxion Daily AI and Big Data Bull 2X Shares","GOU":"GraniteShares 2x Long GOOGL Daily ETF","QBIG":"Invesco Top QQQ ETF","AIPO":"Defiance AI and Power Infrastructure ETF","CLOU":"Global X Cloud Computing ETF","IBIT":"比特币ETF-iShares","EPAI":"Harbor AI Inflection Strategy ETF","CBXJ":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - January","TCAI":"Tortoise AI Infrastructure ETF","AMZD":"1倍做空AMZN ETF-Direxion","MAXI":"比特币期货ETF-Simplify","CHAT":"ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF","AIFD":"TCW Artificial Intelligence ETF","MQQQ":"Tradr 2X Long Innovation 100 Monthly ETF","XAIX":"Xtrackers Artificial Intelligence and Big Data ETF","AIHY":"Defiance AI Hyperscale Leaders ETF","VTHR":"Vanguard Russell 3000 ETF","BCCC":"Global X Bitcoin Covered Call ETF","GK":"AdvisorShares Gerber Kawasaki ETF","ARTY":"ISHARES FUTURE AI & TECH ETF","AIQU":"MicroSectors 3x Long Artificial Intelligence AI ETNs","AGIX":"通用人工智能 ETF-AGIX","BERZ":"MicroSectors FANG & Innovation -3X Inverse Leveraged ETN","BTCC":"Grayscale Bitcoin Covered Call ETF","ARKB":"比特币ETF-21Shares","CBTO":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - October","BAGY":"Amplify Bitcoin Max Income Covered Call ETF","GOOL":"Leverage Shares 2X Long GOOGL Daily ETF","DARP":"GRIZZLE GROWTH ETF","PXQ":"Invesco Dynamic Networking ETF","PBOT":"Pictet AI & Automation ETF","BNDW":"Vanguard Total World Bond ETF","QTOC":"Innovator Growth Accelerated Plus ETF - October","YBTC":"比特币看涨期权ETF-Roundhill","JGH":"Nuveen Global High Income Fund Common Shares of Beneficial Interest","FWD":"AB DISRUPTORS ETF","QQQW":"Tradr 2X Long Triple Q Weekly ETF"},"translate_title":"Galaxy Digital 的目标是出售 $3.5B 垃圾债券以扩建德克萨斯州人工智能数据中心","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XAIX":0.9,"MAXI":0.6,"BTCC":0.6,"CLCG":0.9,"CLOU":1.5,"YBTC":0.6,"EPAI":1.5,"CBXJ":0.6,"BTFX":0.6,"PBOT":0.9,"AMZY":1.5,"RULE":1.5,"BNDW":1.5,"GOU":0.6,"AIPO":1.5,"CHAT":1.5,"BAGY":0.6,"ARTY":1.5,"QQQW":0.67,"AMZZ":0.6,"QQJG":0.67,"IREC":1.5,"TCAI":0.77,"GOOL":0.67,"JGH":1.5,"QBIG":0.67,"AIFD":0.9,"QTOC":1.5,"ARKB":0.6,"AIQU":0.9,"DARP":0.9,"CBTO":0.6,"VTHR":1.5,"AIHY":1.5,"AIBU":1.5,"FWD":1.5,"TEK":1.5,"WDAI":1.5,"OGIG":0.67,"BCCC":0.6,"AGIX":1.5,"GK":0.9,"IBIT":0.63,"GOOX":0.67,"LRNZ":0.67,"PXQ":1.5,"BERZ":1.5,"GOOW":0.6,"MQQQ":0.67,"AMZD":0.6},"content_text":"Galaxy Digital has launched a planned $3.5 billion high-yield bond sale to help finance the expansion of its Helios data center campus in West Texas.\n\n\nSummary\n\n\n\nGalaxy Digital is raising about $3.5 billion through its first junk bond sale to expand its Helios AI data center campus in Texas.\nThe financing is backed by long term CoreWeave contracts that Galaxy expects to generate more than $1 billion in annual revenue.\nThe bond sale adds to Galaxy’s growing investments in AI infrastructure alongside its digital asset and institutional businesses.\n\n\n\nAccording to a Bloomberg report, the digital assets and AI infrastructure company intends to use the proceeds from its first junk bond offering to finance part of the Helios Data Center Campus in Dickens County, Texas, while also funding debt service reserves tied to the project.\nThe planned issuance adds Galaxy to a growing list of infrastructure developers using the U.S. high-yield debt market to fund large artificial intelligence projects. Bloomberg data shows developers have already raised about $28 billion through U.S. junk bond offerings this year to finance AI-focused data center construction.\nThe transaction is expected to price on July 23, according to a person familiar with the matter cited by Bloomberg. Morgan Stanley and Goldman Sachs are leading the sale, while the source said the offering consists of five-year notes issued by a Galaxy subsidiary.\nUnder the proposed structure, the issuing entity will begin repaying 4% of the original principal each year starting 10 months after construction is completed, according to the same source, who requested anonymity because the information is not public.\nCoreWeave contract supports long-term expansion\nEarlier this month, Galaxy said CoreWeave had signed 15-year agreements to lease computing capacity at the Helios campus. According to the company’s previous announcement, those contracts are expected to generate more than $1 billion in annual revenue once operational.\nThe company also said the first phase of the Helios project has already been completed. Construction on the next phase is expected to begin in 2027 as Galaxy continues expanding the campus for artificial intelligence and high-performance computing workloads.\nLocated in Dickens County, roughly 60 miles east of Lubbock, the Helios campus has regulatory approval for up to 1.6 gigawatts of power dedicated to AI and high-performance computing, according to Galaxy’s previously released figures.\nThe financing plan follows another large AI infrastructure transaction completed last month. Bloomberg data shows an Applied Digital subsidiary raised approximately $1.59 billion in the U.S. junk bond market to expand computing capacity for CoreWeave at a North Dakota facility.\nBefore pursuing the current bond offering, Galaxy had primarily relied on convertible note offerings to raise capital for its operations.\nAI infrastructure becomes a larger part of Galaxy’s business\nOriginally known for its digital asset businesses, Galaxy has steadily increased its investment in artificial intelligence infrastructure during 2026 alongside its cryptocurrency operations.\nThe Helios campus has become one of the company’s largest long-term infrastructure projects as demand for AI computing capacity continues to grow. Its partnership with CoreWeave places the site among several facilities being developed to support large-scale AI training and cloud computing services.\nGalaxy has also tied the project to regional partnerships in West Texas. Last week, the company signed a 15-year agreement with Texas Tech University to rename the school’s football venue Galaxy Stadium beginning with the 2026 season.\nAccording to Galaxy’s announcement at the time, the agreement also made the company Texas Tech Athletics’ official digital assets and data center partner. Besides stadium naming rights, both parties said they plan to collaborate on artificial intelligence initiatives, workforce training programs and opportunities involving student-athletes’ names, images and likenesses, although financial terms were not disclosed.\nThe university partnership links Galaxy’s existing data center operations in Dickens County with one of the region’s highest-profile athletic programs, further strengthening its presence in West Texas as development of the Helios campus continues.\nCrypto business continues expanding alongside AI\nEven as Galaxy increases spending on AI infrastructure, it has continued expanding other parts of its digital asset business.\nEarlier this week, the company introduced a $5 million Bitcoin Quantum Readiness Initiative to support developers working on technologies designed to prepare the Bitcoin network for future quantum computing risks.\nAccording to Galaxy, the grant program will fund research into quantum-resistant signature schemes, wallet migration tools and independent security audits. The company also said it hopes universities, companies and other institutions will contribute funding and technical expertise to accelerate work on post-quantum cryptography.\nGalaxy cited research from CryptoQuant estimating that about 6.9 million Bitcoin, worth roughly $461 billion at current prices, could become exposed if future quantum computers become capable of breaking Bitcoin’s existing cryptographic protections. While the company acknowledged that such machines are not expected to pose an immediate threat, it argued that preparing the ecosystem would require years of coordination across developers, exchanges, wallet providers and infrastructure operators.\nThe company has also expanded its regulated financial services business this year. In May, Galaxy secured both a BitLicense and a Money Transmission License from the New York State Department of Financial Services through its subsidiary GalaxyOne Prime NY, allowing it to provide regulated digital asset trading and custody services to institutional clients in New York.\nEarlier in 2026, Galaxy also announced plans to launch a $100 million hedge fund focused on cryptocurrency tokens alongside financial services companies expected to benefit from digital asset adoption and regulatory developments.\nWith the planned $3.5 billion bond sale, Galaxy is adding another financing milestone to its expanding AI infrastructure business while continuing to invest across digital assets, institutional services and Bitcoin network development.\n\n\n\n\n\n                Read more:\n            \n\n                Why did The Smarter Web Company sell 177.89 Bitcoin?","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2653748574","isCrawlerRequest":true}