Galaxy Digital Shares Close 6.72% Higher After Hours — Here’s What Could Be Powering The Stock

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 …

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