Galaxy Digital (GLXY) could see significant upside from its data center business, with an estimated potential enterprise value exceeding $100 billion if its 3.5GW Helios facility is fully leased. The recent acquisition of an additional 1GW of power at Helios signals strong demand and management confidence, following the successful lease of 800MW to CoreWeave. If GLXY can lease another 800MW on similar terms, its data center EBITDA could double to $2 billion, potentially valuing this segment at $40 billion in equity.