Movement Alert|Galaxy Digital Holdings Ltd. Rises 5.08% in Regular Trading, Data Center Q3 Lease Revenue Guidance Continues to Boost Valuation

Market Focus
Aug 13

On August 13, Galaxy Digital Holdings Ltd. rose 5.08% in regular trading, trading at $22.21/share, with turnover of $13.7966 million, extending its recent consecutive rally.

On the news front, the company's Helios campus Phase I 133 MW critical IT load is now fully operational and delivered to CoreWeave under a 15-year lease agreement, with quarterly rental revenue starting Q3 expected to reach approximately $80 million and adjusted project-level EBITDA margins exceeding 90%. Additionally, the company completed pricing of $3.51 billion in 9.875% senior secured notes due 2031 to finance construction of eight data halls totaling 400 MW utility capacity, and acquired 500 acres in McGregor, Texas for a second data center campus with initial phase targeting 74 MW.

While Q2 revenue of $8.56 million missed the analyst estimate, the market has digested this shortfall and refocused on the high-certainty data center revenue growth trajectory, driving sustained upward momentum in the stock.

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