Galaxy Digital Shares Close 6.72% Higher After Hours — Here’s What Could Be Powering The Stock
Posted On June 19, 2025
Galaxy Digital Inc. (NASDAQ:GLXY) shares climbed in after-hours trading Wednesday, seemingly fueled by optimism about its expansion into high-performance computing.
What happened: The digital asset and AI infrastructure company announced a 29 million share offering last month to fund the continued expansion of high-performance computing infrastructure at its Helios data center campus in West Texas.
Before this, Galaxy entered into a new agreement with AI cloud-computing provider CoreWeave Inc. (NASDAQ:CRWV), committing to an additional 260 megawatts at the Helios data center.
The company was also taking strides in its …