Galaxy Digital Holdings Ltd. ($GLXY) is on track to secure approval for Tranche 1 (800MW) of its Helios AI Data Center by year-end, with "clear visibility" into 1.7GW of power approvals in H2. The image indicates a present equity value of $16.41/share by 2025 end of Q2, with potential for $29.68/share by 2026 and $45.96/share by 2030, based on Goldman Sachs' (GS) numbers. The company is closing financing for Phase 1 imminently, partnering with Clayco for construction.