Galaxy Puts Its Name on Texas Tech’s Stadium in a 15-Year, Crypto-Native Deal

Beginning with the 2026 season, Texas Tech’s soccer stadium—at present Jones AT&T Stadium—can be rebranded Galaxy Stadium. Galaxy Digital, the Nasdaq-listed (GLXY) buying and selling, asset-management and data-center firm, introduced a 15-year naming-rights take care of Texas Tech on Friday.

The timing is handy for the Purple Raiders. Texas Tech simply gained the Massive 12 and made the School Soccer Playoff. The workforce opens its new period in Galaxy Stadium on Sept. 5 in opposition to Abilene Christian.

“We’re happy to welcome Galaxy as the brand new naming rights associate of our soccer stadium,” athletics director Kirby Hocutt stated in a statement. “This long-term partnership with Galaxy could have an enduring impression on Texas Tech Athletics.”

With this deal, value greater than $70 million, Galaxy turns into the official knowledge middle and digital property associate of Texas Tech Athletics, with branding throughout soccer and males’s and ladies’s basketball, plus NIL alternatives for student-athletes by means of “branded activation campaigns and authentic content material.”

“At our Helios campus in close by Dickens County, we’re constructing the infrastructure that powers the code economic system,” Galaxy CEO Mike Novogratz stated.

Galaxy is pouring billions into Helios, a data-center campus in Dickens County with 1.6 gigawatts of accepted capability for high-performance computing. Novogratz referred to as it “the infrastructure that powers the code economic system,” and promised to rent regionally and “be an excellent neighbor.”

Why would a crypto agency desire a soccer stadium? Visibility and credibility—and naming rights purchase each. Crypto.com did it with the F1 Miami Grand Prix. FTX tried it with an NBA enviornment — proper earlier than it imploded, a helpful reminder that 15-year offers with crypto corporations carry 15-year danger.

Galaxy itself has had a unstable trip. Its shares dove after a $482 million quarterly loss, and it has pivoted arduous from pure crypto buying and selling towards the steadier, power-hungry enterprise of AI and HPC knowledge facilities.

That pivot is the strategic logic. Bitcoin miners and crypto-native companies have gotten the sudden landlords of the AI growth, Bernstein calls them “unlikely power brokers” within the infrastructure race. Galaxy’s Helios buildout is among the many largest in North America.

However gigawatt-scale knowledge facilities in drought-prone West Texas are drawing a backlash over water and grid pressure, and Galaxy’s “closed-loop” water system will get examined by precisely that scrutiny.