Source: CryptoNewsNet
Original Title: CleanSpark shares rise as bitcoin miner expands AI power capacity in Texas
Original Link: https://cryptonews.net/news/mining/32277024/
CleanSpark shares climbed 5% to $13 following the company’s announcement of its Texas power and land footprint expansion.
The company entered into a definitive agreement to acquire up to 447 acres in Brazoria County, Texas, alongside a long-term transmission facilities extension. This creates the foundation for a large-scale data center development aimed at artificial intelligence and high-performance computing workloads. CleanSpark is a bitcoin mining company that is increasingly focused on developing energy-backed digital infrastructure at scale.
The site is expected to support an initial 300 megawatts of demand, with the ability to expand capacity by a further 300 megawatts, subject to regulatory and utility approvals. Closing is anticipated in the first quarter of 2026.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
CleanSpark Expands AI Power Capacity in Texas with 447-Acre Development
Source: CryptoNewsNet Original Title: CleanSpark shares rise as bitcoin miner expands AI power capacity in Texas Original Link: https://cryptonews.net/news/mining/32277024/ CleanSpark shares climbed 5% to $13 following the company’s announcement of its Texas power and land footprint expansion.
The company entered into a definitive agreement to acquire up to 447 acres in Brazoria County, Texas, alongside a long-term transmission facilities extension. This creates the foundation for a large-scale data center development aimed at artificial intelligence and high-performance computing workloads. CleanSpark is a bitcoin mining company that is increasingly focused on developing energy-backed digital infrastructure at scale.
The site is expected to support an initial 300 megawatts of demand, with the ability to expand capacity by a further 300 megawatts, subject to regulatory and utility approvals. Closing is anticipated in the first quarter of 2026.