Galaxy Digital shares slipped 5% after the company released its second-quarter results. This development comes despite the company's Helios data center producing revenue for the first time.
According to reporting from CoinDesk, Phase I of Helios is expected to generate approximately $80 million in quarterly revenue, starting from the third quarter.
The decrease in share price follows the release of the company's second-quarter financial performance. While the share price has dropped, the progress of Helios indicates a potential positive outlook for the company's revenue generation capabilities.