Galaxy Digital jumps as Helios-CoreWeave data-center ramp offsets crypto-market volatility
GLXY•Galaxy Digital shares are rising after fresh attention on its Q1 2026 update and the Helios data center ramp tied to CoreWeave, with management expecting data-center profit to begin ramping in Q2 2026 after April delivery of the first data hall. Crypto-sensitive names also caught a tailwind as bitcoin traded around $76,000–$77,000 on May 1, 2026.
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Galaxy Digital (GLXY) climbed in Friday trading as investors refocused on the company’s most recent quarterly update and the near-term revenue ramp at its Helios data center campus. In its Q1 2026 update, Galaxy said it delivered the first data hall to CoreWeave in April and expects Phase I rent to begin in Q2 2026, positioning its data-center segment to start contributing incremental profit after a quarter dominated by crypto price headwinds. (stocktitan.net)
