Sebastian Benkert

Innovation ✗ Design ✗ Branding // Munich 🥨 NYC 🏔️ Zurich // formerly CMO @GalaxyHQ // formerly CMO @ARKInvest

[Jonathan Goldowsky @jonathan_mg27]

I love the story of Helios and don't think it gets talked about enough.

Back in December 2022, when BTC was trading below $20K, $GLXY acquired Helios for $65M. At the time, much of the industry was focused on survival. Crypto was 70%+ off its highs, liquidity was scarce, several companies had already gone bankrupt and many others were under significant pressure. Having risk managed the downturn well, $GLXY was in a position to play offense when others couldn't, and Helios was one of the opportunities that emerged from that environment.

When we acquired Helios, the site spanned 160 acres, had 60 MW of energized mining capacity, 180 MW of total approved power capacity and was staffed by 40 employees. Over the next 24 months, we expanded the site significantly. We acquired an additional 160 acres of contiguous land, increased energized mining capacity to 200 MW, expanded approved power capacity to 800 MW, took delivery of six main power transformers, grew the team to over 50 employees and scaled the operation to nearly $100M in annual mining revenue.

But while we were building, the opportunity set was changing. Advancements in AI were driving a surge in demand for compute and power and there wasn't enough data center capacity or available power to keep up. Grid constraints, supply chain bottlenecks and permitting delays were making it increasingly difficult to bring new capacity online. As a result, large scale sites with approved power access became incredibly valuable. We recognized that Helios was positioned to be much more than a bitcoin mining facility, so we made the decision to strategically pivot toward AI infrastructure, leveraging the expertise we had already built developing and operating power intensive BTC mining infrastructure at scale.

Fast forward to today and the transformation has been remarkable. Our Helios data center campus has grown to over 1,500 acres, with more than 1,000 workers on site daily supporting ongoing development and operations. We now have 1.63 GW of approved power capacity, with the potential to scale to 3.6 GW, which would make Helios one of the largest data center campuses in the world. CoreWeave is our anchor tenant, with 800 MW of gross power leased over the next 15 years. Beyond that, we have another 830 MW of approved capacity and are actively engaged with prospective tenants to lease the remaining capacity.

What started as an opportunistic acquisition during one of the most challenging periods in crypto has evolved into a cornerstone asset positioned at the center of one of the most important secular trends of the next decade: AI infrastructure.

[Milk Road @milkroaddaily]

Galaxy Digital gets priced like a crypto company.

That might be a mistake.

Its AI data center business could soon generate billions in high-margin revenue. Meanwhile, the market is still valuing it primarily as a crypto stock.

The biggest AI opportunity might be hiding where nobody is looking.

FT @BitcoinJesusETH @m0xt_

Tune in to know more

⏱ TIME POINTS ⏱
00:00 – Intro
01:03 – The SpaceX IPO Trade
05:50 – SpaceX’s Bitcoin Bet
09:40 – Galaxy’s AI Pivot
15:29 – Why Figure Wins
20:01 – The Rise Of Vaults
22:14 – Sponsor: Bitget
22:46 – Sponsor: Cape
23:31 – Vaults vs Traditional Finance
26:06 – The $355M Crypto Raise
31:36 – Canton vs Ethereum
39:53 – Has Bitcoin Bottomed?

[Mike Novogratz @novogratz]

Galaxy was built in New York.

As of today, we're licensed by @NYDFS to serve institutional clients across the state — the deepest pool of capital in the country, and one where digital assets are no longer sitting at the edge of allocations.

[Sebastian Benkert @s_benkert]

@galaxyhq @galaxyoneapp @CoreWeave Congrats 🖤🧑‍🚀

[Galaxy @galaxyhq]

Not long ago, a bitcoin mine.

Today, Helios is an operational AI data center.

First data hall delivered to @CoreWeave at Helios — Galaxy's data center campus in West Texas, approved to support up to 1.6GW of capacity and one of the largest developments of its kind in North America.

We're just getting started.

[Sebastian Benkert @s_benkert]

@JasonYanowitz Nice work 🖤

[Jonathan Goldowsky @jonathan_mg27]

TD Cowen expects CY27 aggregate hyperscale capex to "materially exceed CY26 levels". We're on a course to surpass $1T in annual capex by the end of the decade.

We love being at the infrastructure layer at $GLXY. The future of digital innovation depends on the continued expansion of data centers. Power capacity through 2027 is largely spoken for, and hyperscalers are already starting to plan for 2028. Great setup for Helios and $GLXY.

[Jonathan Goldowsky @jonathan_mg27]

Shanu is spot on (and one of the best voices in the industry on this topic). Two things to key in on:

1. Interconnection timelines are now 5+ years from request → commercial ops. That’s exactly why $GLXY's 830MW Helios expansion (2028 requested energization date) is so valuable. If you want 2028 power, you probably needed to file an interconnect request in 2023/early 2024. Requests of that size were barely happening at that time.

2. Time to power is the most important variable. Every MW/GW delayed = lost revenue for hyperscalers + neoclouds. As soon as hyperscalers install AI capacity it’s getting monetized. This is why hyperscalers are planning to spend $600B+ in capex in 2026. Power on this side of the decade is gold.

[GalaxyOne @galaxyoneapp]

Staking is live on GalaxyOne 🚀

Here's how it works:
- Stake $SOL. Earn up to an estimated 6.50% in variable rewards.
- Enjoy 0% commission through December 31, 2026.*
- Rewards auto-compound while $SOL remains staked.

Powered by @galaxyhq's validator infrastructure.

[Sebastian Benkert @s_benkert]

@leifthunder That german chef keeps cookin’ with gas. 🔥 @leifthunder

[Sebastian Benkert @s_benkert]

@intangiblecoins @glxyresearch Not zero 👌

[Sebastian Benkert @s_benkert]

After 4 unforgettable years at Galaxy, I’m moving on. Next stop: Zurich 🇨🇭

@galaxyhq and @novogratz will always remain close to my heart. I’m proud of what we built over the past four years.

+ Complete Rebrand
+ Business Restructure
+ ₿ Mining 👉 Data Centers
+ Nasdaq 🔔

Grateful for the ride.
Onward, relentlessly. #GLXY

[Sebastian Benkert @s_benkert]

@C_Angermayer Glückwunsch! Keep cooking @C_Angermayer

[GalaxyOne @galaxyoneapp]

While the Fed may have not cut rates, we lowered the minimum investment required for Galaxy Premium Yield.

Verified accredited investors now only need $10,000 to invest and earn 8.00% yield* on cash investments of up to $1 million.

*Yield subject to change with 30-day notice.

[Galaxy @galaxyhq]

Welcome to Helios.

A look inside Galaxy’s data center campus in Texas as it takes shape, purpose-built to support large-scale AI and high-performance compute infrastructure.

🎥 @blockspace

[Galaxy @galaxyhq]

Congratulations to @CoreWeave on its expanded collaboration with @NVIDIA, including a $2 billion investment. We’re proud to support CoreWeave’s AI and HPC infrastructure at our Helios data center campus in West Texas, working to develop the next phase of AI innovation.
https://t.co/zGgnhCYzZv

[Galaxy @galaxyhq]

This is a defining moment for Galaxy.

We’ve secured ERCOT approval for an additional 830 MW at our Helios campus – doubling total approved power capacity to over 1.6 GW⚡️

$GLXY

[Galaxy @galaxyhq]

Institutional credit is moving onchain.

Galaxy has closed the initial issuance of its debut tokenized CLO at $75M, establishing a new model for institutional participation in private credit.

The transaction was anchored by an approximately $50M allocation from @grovedotfinance.

[GalaxyOne @galaxyoneapp]

Galaxy Premium Yield clients: Your first interest payment of 2026 has arrived.

No New Year’s resolutions required to earn 8.00% yield* on cash.

*U.S. accredited investors only.

[GalaxyOne @galaxyoneapp]

We're looking for engineers who thrive on building real financial infrastructure.

Open roles:
🟣 Frontend Developer
🟣 React Native Developer
🟣 Backend (Brokerage/Crypto)
🟣 Backend (Lending/Commercial)

Apply today 👇
https://t.co/TR0xmbhOUH