CleanSpark (CLSK) shares climbed 5% to $13 following the corporate’s announcement of its Texas energy and land footprint.
The corporate mentioned it has entered right into a definitive settlement to amass as much as 447 acres in Brazoria County, Texas, alongside a long run transmission amenities extension, creating the inspiration for a big scale information middle improvement geared toward synthetic intelligence and excessive efficiency computing workloads. CleanSpark is a bitcoin mining firm that’s more and more targeted on growing vitality backed digital infrastructure at scale.
The positioning is anticipated to assist an preliminary 300 megawatts of demand, with the flexibility to broaden capability by an additional 300 megawatts, topic to regulatory and utility approvals, with closing anticipated within the first quarter of 2026.
This venture represents CleanSpark’s second strategic initiative within the higher Houston area, following its Austin County improvement. Collectively, the 2 areas supply greater than 890 megawatts of potential utility capability.
CleanSpark mentioned it’ll proceed to advance its Texas improvement pipeline whereas participating with potential co location and compute companions searching for scalable, long run AI targeted campuses.
