CleanSpark (CLSK) inventory rose 5% to $13 after the corporate introduced its Texas energy and land footprint.
In parallel with long-term transmission enlargement, the corporate introduced that it has entered right into a definitive settlement to amass as much as 447 acres of land in Brazoria County, Texas, laying the inspiration for a large-scale information middle growth aimed toward synthetic intelligence and high-performance computing workloads. CleanSpark is a Bitcoin mining firm that’s more and more centered on large-scale growth of energy-powered digital infrastructure.
The positioning is predicted to accommodate an preliminary demand of 300 MW, with capability enlargement of a further 300 MW topic to regulatory and utility approvals, and is predicted to shut within the first quarter of 2026.
This mission represents CleanSpark’s second strategic initiative within the larger Houston space, following the Austin County growth. Collectively, the 2 websites have a possible energy provide capability of greater than 890 megawatts.
CleanSpark mentioned it can proceed to advance its growth pipeline in Texas whereas working with potential colocation and computing companions searching for a scalable, long-term, AI-focused campus.
