Galaxy Digital is trading 4.1% up at $22.40 following its announcement of acquiring 500 acres in McGregor, Texas, for a second major AI and high-performance computing data center campus. - The new campus, set for a 74 MW initial phase, reflects a new grid model where developers like Galaxy Digital privately fund substation and utility upgrades, aligning with ERCOT's new stringent connection process. - This significant expansion reinforces the company's position as an established infrastructure player in Texas and provides a clear growth catalyst for its operations. - The stock's performance today also comes amid a broader risk-on sentiment in equity markets, even as Bitcoin and Ethereum prices see slight pullbacks.