Galaxy Digital Values Helios AI Data Campus Above $15 Billion In Nasdaq Debut

Galaxy Digital marked its Nasdaq debut with CEO Mike Novogratz framing the listing as a declaration that the digital economy is real.

“Mike Novogratz spotlights Helios as $15 billion powerhouse in Galaxy Digital annual report The company's Nasdaq debut was a turning point toward infrastructure-led growth in the digital economy, said Novogratz”

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The company has evolved from a pure-play digital asset firm into a diversified platform including asset management, institutional trading, and AI-driven high-performance computing data centers.

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The Helios AI data center campus in West Texas has secured more than 1.6 gigawatts of approved power capacity through ERCOT.

The initial 800 megawatts is leased to AI cloud provider CoreWeave, representing over $7.5 billion in capital investment.

Helios is now valued at well above $15 billion, according to the company's internal assessment.

Galaxy manages roughly $12.3 billion in platform assets as of December 31, 2025.

Novogratz positioned Helios as the company's biggest growth tailwind.

Demand for compute is not a cycle, it is a structural condition that will define the next decade.

CoinCentral

Galaxy reported a net loss of $241 million in the fourth quarter of 2025.

The company's current market capitalization is around $7.25 billion.

Turning the Helios valuation into sustainable profit remains a key challenge.

Galaxy's digital asset platform includes over-the-counter spot and derivatives trading, lending, staking across 11 blockchains including Ethereum and Solana.

“Mike Novogratz spotlights Helios as $15 billion powerhouse in Galaxy Digital annual report The company's Nasdaq debut was a turning point toward infrastructure-led growth in the digital economy, said Novogratz”

CoinDesk

In October 2025, the firm expanded into retail with GalaxyOne, a fintech platform offering FDIC-insured high-yield accounts.

The company manages roughly $12.3 billion in platform assets as of December 31, 2025.

Novogratz remains optimistic, saying the firm is more clear-eyed about our opportunity than we have ever been.