Mentioned:
Texas is one of the most important regions in America for data centres. Which is exactly why CleanSpark is buying hundreds of acres of more land.
What’s happening:
- CleanSpark (NASDAQ: CLSK) has entered into a new deal to purchase up to 447 acres of land in Brazoria County, Texas to develop a new data centre
By the numbers:
- CleanSpark also secured 300 megawatts of transmission level power as part of the new acquisition
Why it matters:
- The new land acquisition in Brazoria County will support a large scale data centre specifically focused on high performance computing and artificial intelligence workloads
Going deeper:
- CleanSpark has publicly stated that they are pursuing co-location deals and compute partners with artificial intelligence companies to begin monetizing their existing physical infrastructure
- CleanSpark has been aggressively investing into securing more land and power in Texas lately, previously buying 271 acres of land in Austin County, Texas
