Galaxy’s Helios datacenter is live

Galaxy posted a $216 million Q1 loss, mostly tied to weaker digital asset prices, but investors are likely to look past the crypto-mark-to-market mess and focus on the bigger story – Helios is now live. The company delivered its first data hall to CoreWeave in April, which means its Texas AI data center campus is officially moving from construction project to revenue-generating business. Galaxy also received ERCOT approval for another 830 MW, doubling total approved Helios capacity to more than 1.6 GW. The company also repurchased 3.2M shares at an average price of $20.30. Read more →

Gemini is adding an “agentic trading” feature that lets users connect AI models like ChatGPT and Claude directly to their exchange accounts, where the bots can monitor markets, analyze data, place trades, and manage risk. The company says it is the first regulated U.S. exchange to offer this kind of AI trading tool directly, which gives the launch some product-level novelty. But the timing is hard to ignore. Gemini’s stock has been crushed, takeover rumors have started swirling earlier this month, and the company has been trying to prove it still has a differentiated story beyond being another exchange in a brutal market. In that context, this looks less like a random feature drop and more like Gemini trying to show buyers, investors, and users that there is still some product velocity here. Read more →

Block (XYZ) published its Q1 proof-of-reserves report this morning, revealing 28,355 BTC ($2.2 billion) in total holdings as of March 2026 – 19,357 BTC held for customers and 8,997 BTC in corporate treasury. The auditor-confirmed report uses on-chain signatures to let anyone independently verify the holdings, part of a broader industry shift toward transparency following the FTX collapse. Block reports Q1 earnings May 7. Read more →

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