The global data center capacity is projected to nearly triple by 2030, with 70% of this demand driven by AI, growing from 82 gigawatts in 2025 to 219 gigawatts in 2030. Galaxy Digital Holdings Ltd. (GLXY) is positioned as a "picks and shovels" play for both AI and crypto, with 800MW of approved power and an additional 2.7GW under study, suggesting significant growth potential as data center demand surges. Investors could consider GLXY for exposure to the foundational infrastructure supporting AI and crypto expansion.