Galaxy Digital plans $3.5B junk bond sale for AI data center

Galaxy Digital is raising $3.5 billion through junk bonds to build and operate the Helios Data Center Campus in West Texas, with CoreWeave committing to 15-year leases worth over $1 billion annually. This marks a shift in how AI infrastructure is financed, using leverage rather than equity to fund hyperscale compute capacity.

This Wire brief sits within Fusion42's coverage of AI Infrastructure. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.