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Verilumia

The Daily Verified Briefing

Markets

Galaxy acquires 500 acres in Texas for AI data center

Published 28 July 2026

Galaxy Digital, a firm led by Mike Novogratz, has announced a major expansion of its artificial intelligence infrastructure with the acquisition of approximately 500 acres in McGregor, Texas, for a new high-performance computing and AI data center campus. The company’s shares fell 8.

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