POPA ReconGalaxy Digital, loss in coin, profit in AI data center
Galaxy Digital, loss in coin, profit in AI data center $GLXY posts $85 million net loss due to coin price decline On the other hand, the data center turned a profit for the first time with gross profit of $20 million as the capacity provided to CoreWeave was fully operational. Additionally, with the acquisition of three new sites, Galaxy's total power pipeline capacity in Texas exceeds 5.7 GW. It's being hit hard, but it would be worth seeing if it drops a little further. There are only a few companies that are operating their data centers normally.
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