Galaxy Digital’s future is in AI, not in mining

Galaxy Digital is redirecting its focus from Bitcoin mining towards AI data centers. The acquisition of the Helios center marks a significant transition, facilitating enhanced support for AI technologies.

In a notable move, Galaxy Digital has signed a $4.5 billion, 15-year contract with CoreWeave. This partnership highlights their strategic pivot towards AI cloud computing, promising substantial profits.

Market analysts foresee lucrative opportunities within AI, predicting companies in this sector could generate billions by 2027, especially as challenges in Bitcoin mining continue to rise.

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