SUBSEQUENT EVENTS	6 Months Ended
Jun. 30, 2026
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On July 28, 2026, Galaxy, through its wholly-owned subsidiary, Galaxy Helios Data Centers II LLC (“Galaxy Data Centers”), completed the issuance and sale of $3.507 billion aggregate principal amount of 9.875% Senior Secured Notes due in 2031 (the “Notes”) in a private offering exempt from registration under Rule 144A and Regulation S of the Securities Act. In connection with the Notes, Galaxy Data Centers, Galaxy Helios II LLC, a wholly owned direct subsidiary of Galaxy Data Centers (the “Guarantor”), and Galaxy Helios II Qualified Opportunity Zone Business, LLC, the direct parent company of the Company entered into an indenture (the “Indenture”) with The Bank of New York Mellon, as trustee and collateral agent. The proceeds of the Notes will be used to finance the construction of two data center buildings at the Helios campus (the “Project”). The Notes bear interest at a rate of 9.875% per annum, payable semi-annually in cash in arrears on February 1 and August 1 of each year, beginning on February 1, 2027, and will mature on August 1, 2031, unless earlier redeemed or repurchased in accordance with their terms. The Notes will amortize on a semi-annual basis on February 1 and August 1 at the rates specified in the Indenture, with the first payment date to occur at least ten months after the completion of the Project. The Notes are fully and unconditionally guaranteed by the Guarantor, and will constitute the senior secured obligations of Galaxy Data Centers and the Guarantor. The Notes and related note guarantee will be secured by first-priority liens on (i) substantially all assets of Galaxy Data Centers and the Guarantor, other than certain excluded property and (ii) all equity interests of Galaxy Data Centers held by the direct parent company of Galaxy Data Centers. In connection with the Notes, GDH LP provided a customary, uncapped completion guarantee with respect to the Project. From August 6 through August 10, 2026, the Company repurchased 1,260,888 shares of its Class A common stock for an aggregate purchase price of approximately $25.4 million under the Share Repurchase Program. As of August 10, 2026, approximately $109 million remained available for future repurchases under the program.

On July 28, 2026, Galaxy, through its wholly-owned subsidiary, Galaxy Helios Data Centers II LLC (“Galaxy Data Centers”), completed the issuance and sale of $3.507 billion aggregate principal amount of 9.875% Senior Secured Notes due in 2031 (the “Notes”) in a private offering exempt from registration under Rule 144A and Regulation S of the Securities Act. In connection with the Notes, Galaxy Data Centers, Galaxy Helios II LLC, a wholly owned direct subsidiary of Galaxy Data Centers (the “Guarantor”), and Galaxy Helios II Qualified Opportunity Zone Business, LLC, the direct parent company of the Company entered into an indenture (the “Indenture”) with The Bank of New York Mellon, as trustee and collateral agent. The proceeds of the Notes will be used to finance the construction of two data center buildings at the Helios campus (the “Project”). The Notes bear interest at a rate of 9.875% per annum, payable semi-annually in cash in arrears on February 1 and August 1 of each year, beginning on February 1, 2027, and will mature on August 1, 2031, unless earlier redeemed or repurchased in accordance with their terms. The Notes will amortize on a semi-annual basis on February 1 and August 1 at the rates specified in the Indenture, with the first payment date to occur at least ten months after the completion of the Project. The Notes are fully and unconditionally guaranteed by the Guarantor, and will constitute the senior secured obligations of Galaxy Data Centers and the Guarantor. The Notes and related note guarantee will be secured by first-priority liens on (i) substantially all assets of Galaxy Data Centers and the Guarantor, other than certain excluded property and (ii) all equity interests of Galaxy Data Centers held by the direct parent company of Galaxy Data Centers. In connection with the Notes, GDH LP provided a customary, uncapped completion guarantee with respect to the Project.