Galaxy Digital
- Ticker
- GLXY
- Beat
- datacenters
- Size
- Public Company
- Revenue
- $8.6B
- as of Jun 2026
- Cash
- $896M
- as of Jun 2026
- Burn
- $85.3M/qtr
- as of Jun 2026
- Runway
- ~2.6yr at this rate
- as of Jun 2026
- Researched · Stale
- 46 days ago
For MenFem's purposes Galaxy is a data-centre company inside a digital-asset firm — and in Q2 the data-centre half became real (133 MW live to CoreWeave, ~$80M/quarter of rent from Q3 at >90% project margin) while the digital-asset half lost money again; the catch is that the landlord pays 9.875% for its next build, has one tenant for every contracted megawatt, and still carries 830 MW of approved power it has not let.
1 mentions across our dossiers
“- New competitor names the 10-K now lists: Digital Realty, Equinix, plus IREN, Cipher, TeraWulf, Hut 8, Riot, CleanSpark, HIVE, Core Scientific, Bitdeer, Galaxy Digital, Fermi Inc., Keel Infrastructure, MARA.”Applied Digital · RIVAL · from Applied Digital’s dossier
Weekly closes
- Insiders sold, 90 days: 12,000 sh · 1 filing, Form 4 · 30 Oct 2026
- Short interest: 34,617,773 sh · 5.79 days to cover, FINRA · settled 15 Oct 2026
- Insiders bought, 90 days: 865,000 sh · 3 filings, Form 4 · 6 Nov 2026
- Next print: in 86 days, Scheduled · 5 Feb 2027, scheduled
Who is buying
- Insiders sold, last 90 daysSEC Form 4 · newest 30 Oct 2026
- 1 filing · 12,000 shares
- Insiders bought, last 90 daysSEC Form 4 · newest 6 Nov 2026
- 3 filings · 865,000 shares
- Shares sold shortFINRA · settled 15 Oct 2026
- 34,617,773 shares
- Days to unwind the shortFINRA · settled 15 Oct 2026
- 5.79
Deals on the Ledger
| Announced | With | Type | Value | Source |
|---|---|---|---|---|
| 28 Mar 2025 |
| Site lease | undisclosedGalaxy: anticipated average annual revenue of over $1B for the three phases combined; no total stated. | Galaxy Digital 8-K Ex. 99.2 (Q2 2025 overview), 2025-08-05 |
Every Galaxy Digital deal on the Ledger — each one read against its source.
What Galaxy Digital has said about its capacity
5 statements · 1 campus · newest 5 Aug 2026
Promised
Dated promises, and how each reads today| Due | Where | What was promised | Their words | Reading | Source |
|---|---|---|---|---|---|
| 30 Jun 2026stated to the half-year, 14 days’ grace to 14 Jul 2026 | Helios · Phase I | Delivered · 133 MW critical IT | “1H26” | Kept | Regulatory filing, 5 Aug 2025 |
| 31 Dec 2027stated to the year, 14 days’ grace to 14 Jan 2028 | Helios · Phase II | Delivered · 260 MW critical IT | “2027” | Due | Regulatory filing, 5 Aug 2025 |
Happened
Stages the company says it reached, in the basis it used| Stated | Where | What it says | In its words | Source |
|---|---|---|---|---|
| 5 Aug 2026 | Helios · Phase I | Delivered133 MW critical ITtrue from 30 Jun 2026 | “Galaxy completed delivery of the first phase of power at its Helios data center campus in West Texas, delivering 200 MW of gross power — 133 MW of critical IT load — to CoreWeave under the Company's 15-year lease agreement.” | Regulatory filing, 5 Aug 2026 |
| 5 Aug 2026 | Helios · Phase I | Delivered200 MW grosstrue from 30 Jun 2026 | “Galaxy completed delivery of the first phase of power at its Helios data center campus in West Texas, delivering 200 MW of gross power — 133 MW of critical IT load — to CoreWeave under the Company's 15-year lease agreement.” | Regulatory filing, 5 Aug 2026 |
| 5 Aug 2025 | Helios · Phases I–III | Contracted526 MW critical IT | “CoreWeave, as our anchor tenant, has committed to a total of 526 MW of critical IT capacity for a period of 15 years” | Regulatory filing, 5 Aug 2025 |
Megawatts are kept in the kind the source used and never added across kinds. A promised date is the latest day its words can bear, and only the company’s own later statements settle it.
The research around Galaxy Digital
Covered in the Knowledge Base
Datacenters & Digital Infrastructure
Company details
| Industry | Cloud Computing |
| Size | Public Company |
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