$4.5B Over 15 Years: Galaxy Digital Shifts to AI and HPC

Galaxy Digital unveiled a 15-year agreement potentially generating $4.5B in revenue, thanks to the repurposing of its Texas facility for artificial intelligence (AI) and high-performance computing (HPC). Public data shows this strategy aims to reduce pure Bitcoin mining risks and attract machine learning clients.

In 2024, Galaxy Digital mined 977 BTC, although company representatives repeatedly stressed the need for diversification. Transforming mining infrastructure for new applications provides stable, long-term contracts and revenue streams, critical in a volatile crypto market.

The operator now intends to expand partnerships in the big data sphere. Once the centers undergo a full upgrade, additional computational resources are expected to appeal to major tech enterprises.