Mike Novogratz, CEO of the company Galaxy DigitalIt highlighted the shedding of Bitcoin’s capabilities to reach a value of one million dollars, noting the economic uncertainty and high inflation as major engines. Speaking on August 17, 2025, Novoghatz emphasized the role of bitcoin as a difficult origin, like gold, to maintain value during total economic instability. His comments come amid increasing speculation about the elasticity of encrypted currencies in facing the challenges of the traditional financial system [1].
Galaxy Digital, under the leadership of Novoghatz, was placed itself as a major player in the convergence of traditional financing and digital assets. The company has been invited for a long time Bitcoin and ethereumWith special interest in Ethereum’s transition to the proof of proof, which was seen as a potential incentive for the broader institutional adoption. Novogratz also stressed that the development of clear regulatory frameworks will be necessary in promoting institutional investment and promoting market stability. [1].
Bitcoin’s potential discussion coincides with important infrastructure developments in Galaxy Digital. On August 15, 2025, the company announced the closure of the project financing facility of $ 1.4 billion to support its expansion Helius The Data Center in West Texas was deprived. Funding will enable the first phase of energy delivery for artificial intelligence and high -performance computing operations (HPC) under a long -term agreement with Coruv Novoghatz described this step as a pivotal step in diversifying Galaxy’s business to the coded currency to the broader infrastructure market than artificial intelligence [2].
According to the Finance Agreement, Galaxy made shares of $ 350 million, with the rest of the construction costs covered by the debt facility, which has a period of 36 months and was secured against all first assets. The lease contract agreement was also implemented with Coreweave for the second stage of Helios development, giving access to an additional 260 megawatts of information technology download. With 800 megawatts of the approved energy now, Coreave got the long -term energy availability on the Helios campus [2].
Galaxy estimates that coreav agreements will generate more than a billion dollars in the average annual revenue over 15 years, assuming the use of full capabilities to download critical information technology. The company also got 2.7 GW of additional energy capacity across different stages of pregnancy study, with the possibility of expanding the Helios campus to support up to 3.5 GB of energy when full construction [2].
Parallel to infrastructure developments, Galaxy continued to enhance bitcoin holdings, reflecting the ongoing confidence in the cryptocurrency market. Novoghatz has maintained a bullish position on bitcoin, especially as economic pressures continue globally. Analysts have also noticed the potential link between bitcoin price movements and the weak US dollar, while strengthening the strategic sites of Galaxy these trends [3].
The transformation from a model focusing on a coding to one is a broader strategic development of Galaxy Digital. The company’s expansion of energy -saving solution solutions is in line with the increased global demand for infrastructure capable of supporting the burdens of artificial intelligence work and processing wide data. [2]. This development emphasizes the increasing integration of technical assets and digital assets with traditional economic sectors, which is a fundamental topic for the long -term Galaxy vision.
source:
[1] https://www.mitrade.com/au/insights/news/live-news/article-3-1045654-20250817
[2] https://Seekalpha.com/pr/20202372-galaxy-closes-1_4-billion-Project-facility-to-accelreate-helios-ai-datacenterter
[3] https://cryptodnes.bg/en/tag/bitcoin/page/67/
