Galaxy Digital has secured a $1.4 billion secured term loan to expedite the construction of its Helios AI datacenter in Texas, contributing an additional $350 million of equity. This funding will cover approximately 80% of the project's first phase costs. The deal, maturing on August 15, 2028, is backed by all assets of Galaxy Helios I, a subsidiary of the company. The datacenter is expected to provide substantial power for AI workloads under a long-term agreement with CoreWeave, which will see Galaxy earn over $1 billion annually for the 15-year contract, potentially leading to total revenues of $15 billion from this partnership. CoreWeave has committed to a full 800 megawatts of capacity at the Helios campus, emphasizing the converging interests of digital asset firms and the growing demands for AI computing power.

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