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What is established
Partially operational. 133 MW confirmed energized (critical it load); expected Dec 2027; owned or developed by Galaxy Digital.
What is not disclosed
Accelerator count, hardware platform, project capex, named tenant, power source, cooling technology — not disclosed by any source on this page. Recorded as unknown, never as zero.
Analyst note
Former bitcoin mine on 2,200+ acres; gross vs IT explicitly distinguished by Galaxy ('approximately 200 megawatts of gross power — 133 MW of critical IT load'). 15-year CoreWeave lease 'expected to generate more than $1 billion in average annual revenue' — lease revenue, not capex, hence capexUsd null. Phase I rent commenced Q2 2026. First CoreWeave lease announced March 2025 (month precision).
A primary source states operating capacity at this site.
Power readiness
Operating capacity confirmed
A source states capacity that is energized and serving load.
Derived from the evidence on this page by a published rule, not a model. How this is calculated.
33.6220, -100.8370
No companies linked to this project yet.
| Metric | Value | Confidence | As of | Basis / methodology | Source |
|---|---|---|---|---|---|
| Power | 133 MW | Confirmed | Not disclosed | Basis: IT load. Stated as operating capacity. Note: Former bitcoin mine on 2,200+ acres; gross vs IT explicitly distinguished by Galaxy ('approximately 200 megawatts of gross power — 133 MW of critical IT load'). 15-year CoreWeave lease 'expected to generate more than $1 billion in average annual revenue' — lease revenue, not capex, hence capexUsd null. Phase I rent commenced Q2 2026. First CoreWeave lease announced March 2025 (month precision). | Galaxy press release (via KCBD) |
Galaxy press release (via KCBD) · Jul 10, 2026 · accessed Jul 29, 2026
Across Phases I through III, CoreWeave has committed to 526 MW of critical IT load — the full 800 MW of gross power currently approved and contracted at Helios. The campus's total approved power capacity has expanded to 1.63 gigawatts, with the potential to scale to as much as 3.6 GW.
Reliability
95/100
Former bitcoin mine on 2,200+ acres; gross vs IT explicitly distinguished by Galaxy ('approximately 200 megawatts of gross power — 133 MW of critical IT load'). 15-year CoreWeave lease 'expected to generate more than $1 billion in average annual revenue' — lease revenue, not capex, hence capexUsd null. Phase I rent commenced Q2 2026. First CoreWeave lease announced March 2025 (month precision).
No revisions recorded.
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