Ownership & Power

  • Developer Galaxy Digital

Project Timeline

Mar 01, 2025

Project announced

Dec 31, 2027

Expected opening

Data Confidence & Evidence

    Verified Project

Analyst Notes

Former bitcoin mine on 2,200+ acres; gross vs IT explicitly distinguished by Galaxy ('approximately 200 megawatts of gross power — 133 MW of critical IT load'). 15-year CoreWeave lease 'expected to generate more than $1 billion in average annual revenue' — lease revenue, not capex, hence capexUsd null. Phase I rent commenced Q2 2026. First CoreWeave lease announced March 2025 (month precision).

Project Information

  • Project Type HYPERSCALE CAMPUS
  • Lifecycle Stage Commissioning
  • Status PARTIALLY OPERATIONAL
  • Country United States
  • State / Region Texas (Dickens County)
  • City Dickens

Ownership

  • Ticker GLXY

Location

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