Galaxy Digital Acquires Land for AI Data Center Campus in Texas
Galaxy Digital (GLXY) has acquired approximately 500 acres of land in McGregor, Texas, to develop a data center campus focused on artificial intelligence and high-performance computing. The company signed a development agreement with the City of McGregor, which will facilitate construction at the McGregor Industrial Park. This move aligns Galaxy Digital's strategy toward expanding its infrastructure capabilities for AI-driven services. The location is expected to support growing demand in computational power required by emerging technologies such as machine learning and big data analytics.
Tickers: $GLXY
Topics: artificial intelligence data centers high-performance computing real estate acquisition