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CleanSpark (CLSK) Stock Rallies 6% on Texas AI Data Center Expansion
CleanSpark (CLSK) Stock Rallies 6% on Texas AI Data Center Expansion
BTCCSquare news:
CleanSpark shares surged 6% to $13.34 after announcing a strategic Texas land acquisition for a scalable data center project. The Brazoria County site offers transmission-level access with an initial 300 MW capacity, expandable to 600 MW, positioning the company for AI-driven power demand.
The Houston-area expansion nears one gigawatt of total capacity, reinforcing CleanSpark's infrastructure play in energy-rich markets. Transaction closure is expected by Q1 2026, timed with growing computational needs for next-generation workloads.
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