Galaxy Digital (GLXY) is trading higher as the market re-prices two catalysts that strengthen its “crypto + AI infrastructure” positioning. The first is Galaxy’s plan to run a shareholder vote on-chain using Broadridge’s ProxyVote infrastructure on Avalanche—an attention-grabbing, real-world governance use case for tokenized equity rails that is pulling in thematic buyers. The second is ongoing bullishness around the company’s Helios campus in West Texas, where approved power expansion supports the view that Galaxy is becoming a scaled AI/HPC data-center platform, not just a crypto trading-and-investing story. (tipranks.com)

Helios has received ERCOT approval tied to an additional 830 megawatts of power, taking total approved capacity to more than 1.6 gigawatts. That scale matters because it expands the ceiling for contracted compute and raises the potential long-term earnings power of the data-center segment; traders are treating incremental milestones (approvals, financing, tenant progress) as reasons to pay up for the stock even on days without an earnings print. (galaxy.com)

Next catalysts are (1) confirmation details and execution timing around the on-chain vote at the upcoming annual meeting window, (2) updates on Helios construction/energization milestones and any incremental build-to-suit commitments, and (3) broader crypto beta—GLXY tends to move with digital-asset sentiment, so a risk-on tape can amplify stock-specific news. (tradingview.com)