S&P 5007,765.36▼0.5% Nasdaq27,193.34▼1.2% Dow51,231.64▲0.1% Russell 2K2,794.13▲0.0% 10-Yr5.23%−5bp VIX15.41+0.33 WTI$91.10▲3.2% Gold$4,157.80▲0.4% EUR/USD1.122▼0.3% BTC$81,907▼1.4% Nikkei70,036▼0.9%
At close · Thu, Oct 8, 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

CryptoBase apps can embed variable-rate stablecoin lending and crypto loans
CryptocirBTC borrowing on Morpho tops $190 million as USDC usage shifts
CryptoKSD platform integration targets Avalanche and Hyperledger stacks
CryptoEthereum Name Service proposes ENSv2 activation without forcing .eth migration
CryptoBitcoin exchange supply fell as price held near $83,485

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.