Galaxy Digital Inc. (NASDAQ:GLXY) shares are climbing Thursday. Investors are weighing a massive infrastructure valuation alongside a cooling geopolitical climate.
Helios Facility Valued At $15 Billion
In the company’s 2025 annual report, published on Wednesday, CEO Mike Novogratz highlighted the Helios data center in Texas as a $15 billion powerhouse. The facility is approved for over 1.6 gigawatts of power. Novogratz noted the first 800 megawatts leased to CoreWeave Inc.(NASDAQ:CRWV) represent over $7.5 billion of capital investment alone.
“Combined with our newly approved 830 megawatts in a build-to-suit model, Helios likely represents well north of $15 billion long-term digital infrastructure investment, making it an asset with durable, high-return characteristics for shareholders,” he said.
Iran Ceasefire Sparks Crypto Rally
Digital asset stocks are rising following President Donald Trump’s agreement to a ceasefire with Iran. This development triggered a sector-wide rally. Bitcoin (CRYPTO: BTC) climbed back above the $72,000 level on the news. Industry player Strategy Inc. (NASDAQ:MSTR) also saw a positive movement.
Cantor Fitzgerald Maintains Overweight Rating
On Thursday, Cantor Fitzgerald adjusted its outlook on the stock. The firm lowered its price target to $30.00 from $48.00 and maintained an Overweight rating, according to Benzinga Pro data.
Focus Shifting To AI Infrastructure
Novogratz emphasized a shift from “narrative to infrastructure” in his letter to stockholders. He stated that “demand for compute is not a cycle” but a structural condition.
Galaxy aims to scale toward a multi-hundred-billion-dollar portfolio of digital assets. The CEO remains bullish, noting that the “regulatory framework in the U.S. is finally taking shape.”
GLXY Price Action: Galaxy Digital shares were up 11.37% at $21.16 at the time of publication on Thursday, according to Benzinga Pro data.
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