Galaxy Digital (GLXY) has secured ERCOT approval for an additional 830 MW at its Helios campus, doubling total approved power capacity to over 1.6 GW. This expansion, coupled with potential refinancing for Phases 1 & 2, positions GLXY for significant growth in 2026, especially with the possibility of securing an investment-grade tenant for the new capacity at premium prices. Investors should monitor GLXY for potential upside as the datacenter market remains strong.