Galaxy’s AI data centers bring $79 million in lease revenue and a small net loss
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• The first full Helios lease quarter left Data Centers with a $435,000 loss, while Treasury & Corporate drove Galaxy’s recovery.
• Galaxy Digital’s first full quarter of AI data-center lease operations generated $69 million in adjusted EBITDA, but its Data Centers segment still posted a $435,000 net loss.
• 27 results put a number on both the new earnings stream and the financing burden accompanying its expansion.
• For a business still exposed to digital-asset and investment swings, the operating contribution is substantial.
#Institutions
Source - CryptoSlate
━━━━━━━━━━━━━━━━━━━━
• The first full Helios lease quarter left Data Centers with a $435,000 loss, while Treasury & Corporate drove Galaxy’s recovery.
• Galaxy Digital’s first full quarter of AI data-center lease operations generated $69 million in adjusted EBITDA, but its Data Centers segment still posted a $435,000 net loss.
• 27 results put a number on both the new earnings stream and the financing burden accompanying its expansion.
• For a business still exposed to digital-asset and investment swings, the operating contribution is substantial.
#Institutions
Source - CryptoSlate
