Galaxy Digital secures Texas Tech stadium deal as Texas becomes a crypto hub


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TLDR

  • Galaxy Digital has signed a 15-year deal to rename Texas Tech’s football stadium Galaxy Stadium
  • The deal makes Galaxy the official digital asset and data center partner of Texas Tech Athletics
  • Galaxy operates a nearby Helios data center campus in Dickens County with 1.6 gigawatts of certified capacity
  • The renamed stadium will host its first game on September 5, 2026 against Abilene Christian
  • Texas has become a growing center for cryptocurrency investment, mining operations, and pro-crypto legislation

Galaxy Digital has agreed to a 15-year naming rights deal with Texas Tech University, to rename its football stadium Galaxy Stadium starting in the 2026 season.

The announcement was made on Friday, July 17. Financial terms were not disclosed.

The first game under the new name will be played Sept. 5, when Texas Tech opens its season against Abilene Christian.

What the deal covers

Aside from naming rights, Galaxy Becomes the official data center and digital asset partner of Texas Tech Athletics.

The two parties plan to work together on artificial intelligence projects, workforce training, and student-athlete name, image and likeness opportunities.

No financial details or specific timelines for these programs were revealed in the announcement.


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Galaxy’s Texas footprint

Galaxy already has a base in the region. Its Helios data center campus is located in Dickens County, about 60 miles east of Lubbock.

The site has 1.6 gigawatts of certified capacity for AI and HPC workloads.

The Texas Tech deal links the Galaxy’s infrastructure business with one of the most visible college sports programs in West Texas.

Texas has attracted a wide range of crypto and digital infrastructure companies. Riot Platforms, Crypto Mining, Core Scientific, CleanSpark, Erinand Hut 8 all operate in the state.

In February, mining hardware maker Canaan bought a 49% stake in three Texas mining sites from Cipher Mining for nearly $40 million.

Earlier this month, MARA Holdings announced plans to acquire a 2-gigawatt site in Texas to develop a campus supporting bitcoin mining and high-performance computing.

Texas crypto policy and political spending

Texas also became active on the political side. Gov. Greg Abbott signed legislation last year to create the Texas Strategic Strategy Bitcoin Reserve.

In May, state officials began moving reserves away from a Bitcoin exchange-traded fund toward directly owned Bitcoin.

Cryptocurrency-related political groups spent large sums of money in the Texas elections. In May, industry political action committees spent more than $10 million supporting candidates in congressional primary runoffs. All six supported candidates won.

The Galaxy Stadium deal adds a major college sports partnership to Texas’ growing role in the cryptocurrency industry.

The 15-year term gives Galaxy a long-term presence at Texas Tech, although the full value of the contract has not been announced.


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