Galaxy lands 15-year Texas Tech stadium naming rights deal
Reported by Cointelegraph · AI-assisted summary by ChikoCorp AI News Desk
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Summary
Galaxy Digital, a digital asset and AI infrastructure company, has signed a 15-year naming rights agreement with Texas Tech University, which will rename the university’s football stadium to Galaxy Stadium starting with the 2026 season. Additionally, Galaxy will become the official data center and digital assets partner for Texas Tech Athletics. The collaboration will include initiatives related to student-athlete name, image, and likeness (NIL) opportunities, artificial intelligence projects, and workforce development programs. The stadium will debut its new name on September 5, 2026, during Texas Tech’s season opener against Abilene Christian. Financial terms of the deal were not disclosed.
This partnership also expands Galaxy’s presence in West Texas, where it operates the Helios data center campus located in Dickens County, approximately 60 miles from Lubbock. The Helios site has an approved capacity of 1.6 gigawatts specifically for artificial intelligence and high-performance computing applications. The naming rights deal aligns with Texas’s growing importance as a hub for the crypto industry, which combines substantial Bitcoin mining investments and political support.
Why it matters
Texas currently hosts some of the largest Bitcoin miners and digital infrastructure companies, including Riot Platforms, Cipher Mining, Core Scientific, CleanSpark, IREN, and Hut 8. Recent industry movements in the state include Canaan’s $40 million acquisition of a 49% stake in Cipher Mining's Texas mining facilities, and MARA Holdings’ plans to develop a 2-gigawatt digital infrastructure campus supporting both high-performance computing and Bitcoin mining.
Texas’s crypto-friendly stance is also evident in its political and policy developments. Industry-affiliated political action committees spent over $10 million supporting candidates in Texas congressional primaries in May, with all six industry-backed candidates winning. Moreover, Governor Greg Abbott signed legislation last year establishing the Texas Strategic Bitcoin Reserve, and state officials began transitioning its holdings from a Bitcoin ETF to directly custodied bitcoin in May. This demonstrates the state’s growing legislative support for the cryptocurrency sector.