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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.