CleanSpark snaps up Texas site, 285 MW PPA to launch AI data center in Greater Houston

Group 1 - CleanSpark has acquired rights to approximately 271 acres in Austin County, Texas, and executed long-term power supply agreements totaling 285 MW, increasing contracted capacity by 28% [1][2] - The acquisition supports the development of an AI/HPC data center campus in Greater Houston, leveraging a major regional fiber backbone and proximity to natural gas pipelines [2] - The transaction was completed with a combination of cash and common stock, with additional cash payments contingent on post-closing milestones [2] Group 2 - Phased development is already underway, with over 200 MW of capacity expected to be energized in the second half of 2027 [2] - CleanSpark is collaborating with Submer to evaluate joint development of gigawatt-scale AI campuses across the United States [3] - At the time of publication, CleanSpark's stock (CLSK) was up 5.4% during pre-market hours [4]