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Galaxy Digital (NASDAQ: GLXY) wins ERCOT OK for 830MW expansion capacity

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Galaxy Digital Inc. reports that it has completed a Large Load Interconnection Study and received approval from the Electric Reliability Council of Texas (ERCOT) for an additional 830 megawatts of computing demand at its Helios data center campus in West Texas. This approval relates to the power capacity that can be used for computing operations at the Helios facility.

The company disclosed this development through a current report and attached the full press release as an exhibit, indicating that Helios is a key infrastructure asset in its West Texas operations.

Positive

  • None.

Negative

  • None.

Insights

ERCOT approval materially increases potential computing capacity at Helios.

Galaxy Digital Inc. states it has completed a Large Load Interconnection Study and obtained ERCOT approval for an additional 830 megawatts of computing demand at its Helios data center campus in West Texas. That figure refers to the power load that can be supported, which is a core constraint for large-scale computing facilities.

This kind of approval is a key step in scaling operations at energy-intensive data centers because it governs how much load can connect to the grid. The filing, however, does not quantify related capital spending, operating timelines, or revenue implications tied to this capacity.

The approval and study completion occurred on January 15, 2026, and the company provided further details in an attached press release. Future company disclosures may outline how quickly this 830-megawatt computing demand is built out and utilized at the Helios campus.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 15, 2026
Galaxy Digital Inc.
(Exact name of registrant as specified in its charter)
Delaware
001-42655
87-0836313
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
300 Vesey Street
New York, NY
10282
(Address of principal executive offices)(Zip Code)
(212) 390-9216
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Class A Common Stock, $0.001 Par ValueGLXY
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o



Item 8.01 Other Events.
On January 15, 2026, Galaxy Digital Inc. issued a press release announcing that it has completed a Large Load Interconnection Study and received approval from the Electric Reliability Council of Texas (ERCOT) for an additional 830 megawatts of computing demand at its Helios data center campus in West Texas. The full text of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits
Exhibit
No.
Description
99.1
Press Release, dated January 15, 2026.
104Cover Page Interactive Data File (embedded within the Inline XBRL document).



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GALAXY DIGITAL INC.
Date: January 15, 2026
By:/s/ Anthony Paquette
Anthony Paquette
Chief Financial Officer

FAQ

What did Galaxy Digital Inc. (GLXY) announce in this 8-K filing?

Galaxy Digital Inc. announced that it completed a Large Load Interconnection Study and received ERCOT approval for an additional 830 megawatts of computing demand at its Helios data center campus in West Texas.

How much additional computing demand did Galaxy Digital (GLXY) get approved for at Helios?

Galaxy Digital received Electric Reliability Council of Texas approval for an additional 830 megawatts of computing demand at its Helios data center campus in West Texas.

Which regulatory body approved Galaxy Digital’s additional computing demand?

The additional 830 megawatts of computing demand at the Helios data center campus was approved by the Electric Reliability Council of Texas, commonly known as ERCOT.

Where is Galaxy Digital’s Helios data center campus located?

Galaxy Digital’s Helios data center campus is located in West Texas, as described in the company’s disclosure about the ERCOT approval for additional computing demand.

On which exchange is Galaxy Digital Inc. (GLXY) listed and what class of stock trades there?

Galaxy Digital Inc. lists its Class A Common Stock, with a par value of $0.001, on The Nasdaq Stock Market LLC under the trading symbol GLXY.

When did Galaxy Digital issue the press release about the ERCOT approval?

Galaxy Digital issued the press release on January 15, 2026, and attached it as Exhibit 99.1 to this report.
Galaxy Digital

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