S&P 5007,736.52▲1.8% Nasdaq26,584.99▲2.6% Dow54,085.88▲1.7% Russell 2K3,036.98▲1.9% 10-Yr4.63%−6bp VIX16.50+0.64 WTI$75.32▼6.2% Gold$4,133.60▲2.5% EUR/USD1.153▼0.1% BTC$64,582▲0.8% Nikkei63,755▼0.9%
At close · Tue, Aug 4, 2026
Daily Market Updates.

Crypto

Home›Crypto›Market Structure›Galaxy shares sink 12% after Q2 loss as AI campus reve…

Galaxy shares sink 12% after Q2 loss as AI campus revenue starts

Galaxy expects its Helios Phase I AI data center campus to generate about $80 million in quarterly leasing revenue beginning in Q3.

Reported · Written up by our desk · Market Structure

Galaxy shares fell 12% after the company posted a Q2 loss, The Block reported.

The outlet said Galaxy is beginning to monetize its AI data center business, with its Helios Phase I campus expected to contribute roughly $80 million in quarterly leasing revenue starting in Q3.

← Newer storyBitcoin stays pinned near $64,000 as gold hits six-week highs

More like this

CryptoWestern Union launches Stablecard, a Visa-linked stablecoin wallet
CryptoProof of Play shuts Pirate Nation Studio, open-sources code under CC0
CryptoBitzero plans to repay a secured loan using most placement proceeds
CryptoColdcard exploit highlights self-custody risks and ETF demand
CryptoCircle selects major financial firms as Arc validators for Sept. 16 mainnet

Sources

The BlockGalaxy shares sink 12% after Q2 loss as AI data center business begins generating revenue

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.