CleanSpark to acquire Texas land for 600 MW AI data center

CleanSpark (NASDAQ: CLSK) signed a definitive agreement Wednesday to acquire 447 acres in Brazoria County, Texas, to develop an AI data center campus. CleanSpark shares rose some 6% to $13.32 in pre-market trading following the announcement. The deal includes a long-term transmission facilities extension agreement that supports an initial 300 MW of load. CleanSpark plans to expand this by an additional 300 MW for a total capacity of 600 MW. The acquisition marks the second major infrastructure deal for ...