All 133 MW is live, but the revenue figure is Q3 guidance and does not yet offset the Q2 loss.
The post <a href="https://cryptoslate.com/galaxy-digital-lost-85m-on-crypto-as-its-projected-80m-in-ai-revenue-must-offset-3-5b-ai-investment/">Galaxy Digital lost $85M on crypto as its projected $80M in AI revenue must offset $3.5B AI investment</a> appeared first on <a href="https://cryptoslate.com">CryptoSlate</a>.

Galaxy Digital reported a loss of $85 million in cryptocurrency for Q2, while projecting $80 million in AI revenue for Q3. However, this revenue does not yet offset the company's $3.5 billion investment in AI.

Galaxy Digital lost $85M on crypto as its projected $80M in AI revenue must offset $3.5B AI investment

Galaxy's Helios Phase I campus is expected to generate roughly $80 million in quarterly leasing revenue beginning in Q3.

Galaxy shares fell 12% following a loss in Q2, despite the company’s Helios Phase I campus expected to generate approximately $80 million in quarterly leasing revenue starting in Q3.

Galaxy shares sink 12% after Q2 loss as AI data center business begins generating revenue

<img src="https://s3-images.ctmedia.io/media/article-covers/hi-how-to-use-galaxy-for-broad-market-exposure.jpg" alt="Galaxy reports $85M net loss amid Q2 crypto market slump" class="type:primaryImage">Galaxy Digital reported an $85 million net loss driven by falling digital asset prices and $8.7 billion in revenue that missed Wall Street estimates.

Galaxy Digital reported an $85 million net loss due to declining digital asset prices, alongside $8.7 billion in revenue that fell short of Wall Street estimates.

Galaxy reports $85M net loss amid Q2 crypto market slump

Helios produced data-center revenue for the first time with Phase I expected to generate about $80 million quarterly from Q3.

Galaxy Digital shares fell 5% following the release of its second-quarter results. The company's Helios division generated data-center revenue for the first time, with Phase I expected to produce approximately $80 million quarterly starting in Q3.

Galaxy Digital shares slip 5% after second-quarter results

أبلغت غالاكسي ديجيتال عن خسارة صافية قدرها 85 مليون دولار في الربع الثاني، ويرجع ذلك أساسًا إلى انخفاض أسعار الأصول الرقمية ورقم إيرادات قدره 8.7 مليار دولار لم يصل إلى تقديرات وول ستريت. على الرغم من ذلك، تتوقع الشركة تحقيق حوالي 80 مليون دولار من إيرادات الإيجار ربع السنوية من حرم هليوس المرحلة الأولى بدءًا من الربع الثالث.

Galaxy Digital informó de una pérdida neta de 85 millones de dólares en el segundo trimestre, principalmente debido a la caída de los precios de los activos digitales y una cifra de ingresos de 8.7 mil millones de dólares que no alcanzó las estimaciones de Wall Street. A pesar de esto, la empresa anticipa generar aproximadamente 80 millones de dólares en ingresos por arrendamiento trimestral de su campus Helios Fase I a partir del tercer trimestre.

Galaxy Digital a annoncé une perte nette de 85 millions de dollars au T2, principalement en raison de la baisse des prix des actifs numériques et d'un chiffre d'affaires de 8,7 milliards de dollars qui n'a pas atteint les estimations de Wall Street. Malgré cela, la société prévoit de générer environ 80 millions de dollars de revenus locatifs trimestriels à partir de son campus Helios Phase I à partir du T3.