CleanSpark acquires large-scale power assets in Texas to support AI and high-performance computing development.

According to Foresight News , Nasdaq-listed Bitcoin mining company CleanSpark announced it has signed an agreement to acquire 447 acres of land in Brazoria County, Texas, and entered into a long-term transmission facility expansion agreement with a power company. This move will support the company's development of a large-scale data center project to meet 300 MW of demand, with the potential to expand to 600 MW. The transaction is expected to close in the first quarter of 2026, subject to utility and property approvals.

This transaction marks CleanSpark's second strategic development project in the larger Houston area of ERCOT (the first being Austin County), further establishing a regional power and infrastructure hub exceeding 890 megawatts. These sites are designed to support the development of large, next-generation data center campuses to handle artificial intelligence and high-performance computing workloads.