According to Foresight News, Bitcoin mining company CleanSpark, listed on Nasdaq, has announced the signing of an agreement to acquire 447 acres of land in Brazoria County, Texas. The company has also reached a long-term agreement with a power company to extend transmission facilities. This initiative aims to support the development of a large-scale data center project to meet a demand of 300 MW, with the potential to expand to 600 MW. The transaction is expected to be completed in the first quarter of 2026, pending utility and property-related approvals.
This acquisition marks CleanSpark's second strategic development project in the greater Houston area under ERCOT, with the first being in Austin County. The company is establishing a regional power and infrastructure hub exceeding 890 MW. These locations are designed to support the development of large, next-generation data center campuses to handle artificial intelligence and high-performance computing workloads.