15-year lease locks in 1 billion annual revenue, mining companies' move to transform into AI infrastructure is bold enough

Coin World News, Galaxy Digital has announced the completion of the first phase of power delivery at its Helios data center campus in Texas, delivering approximately 200 megawatts of total power, equivalent to 133 megawatts of critical IT load, leased to CoreWeave for a 15-year term. This marks the transition of Helios from a construction project to a revenue-generating AI data center. Galaxy expects that the contracted capacity of Helios will generate average annual revenue exceeding $1 billion. The campus now spans over 2,200 acres, with 1.63 gigawatts of approved power capacity, and has the potential to expand to 3.6 gigawatts in the future.