Galaxy Digital seeks $3.5 billion in debt financing for the Texas data centre

On 23 July, Galaxy Digital plans to raise approximately $3.5 billion through the first garbage bond issue to finance the data centre project related to CoreWeave, which marks a further advance in artificial intelligence lending to high-risk areas in the United States credit market. According to the source, the encrypted money group is selling the bond at a rate of about 9 per cent. Morgan Stanley and Goldman Sachs were responsible for the launch, which is expected to be priced on Thursday. Informed persons requested anonymity because they were not authorized to speak publicly。