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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.

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Sources

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

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