CleanSpark (CLSK) Stock: Rallies 6% as Texas AI Data Center Plan Targets 600 MW Power Buildout

TLDR

• CleanSpark jumps 6% after unveiling a Texas project with up to 600 MW potential
• New Brazoria County site positions CleanSpark for large-scale AI data centers
• CleanSpark’s Houston-area power portfolio nears one gigawatt of capacity
• Texas expansion strengthens CleanSpark’s long-term compute infrastructure strategy
• Transmission-level access anchors CleanSpark’s next phase of scalable growth

CleanSpark (CLSK) shares traded near $13.34 after rising more than 6% as the company advanced a major expansion plan.

CleanSpark, Inc., CLSK

The firm outlined a new Texas land agreement that supports a large-scale data center project. Moreover, the update strengthened market attention on its growing regional infrastructure strategy.

Texas Acquisition Supports 300 MW Initial Capacity

CleanSpark entered a definitive agreement to acquire up to 447 acres in Brazoria County to support a planned compute campus. The deal includes a long-term transmission facilities extension that enables an initial 300 MW of power. The structure allows the company to expand the site by another 300 MW.

The company expects to close the transaction in the first quarter of 2026 once required approvals are secured. The agreement aligns with rising power demand for next-generation workloads across major energy hubs. Additionally, the site positions the company to develop scaled compute zones with long-term growth potential.

CleanSpark intends to integrate the new land into a broader power strategy across Texas. The location strengthens its reach in an area with strategic transmission access. As a result, the firm aims to build a multi-phase environment suited for AI and high-performance compute activities.

Houston Region Portfolio Nears One-Gigawatt Potential

The Brazoria County plan represents the company’s second major development move in the greater Houston region. The first involved a 271-acre site in Austin County that secured 285 MW of transmission-level capacity. Moreover, both sites now form a combined hub with more than 890 MW of potential utility support.

CleanSpark continues to assemble clustered capacity across the region to support multiple scaled deployments. The approach allows the firm to design large campus layouts with consistent transmission access. Additionally, the strategy enhances reliability for workloads that require stable long-term power.

The Houston-area portfolio now approaches the threshold of one gigawatt of potential capacity. The company views this scale as a core strength for building multi-site compute zones. Consequently, the structure gives room for additional growth as demand for advanced computing resources expands

Broader Development Strategy Advances Across Texas

CleanSpark plans to continue expanding its Texas network while evaluating new opportunities for future phases. The firm has prioritized areas with strong grid access and flexible development timelines. Moreover, the company aims to supply scalable buildouts for partners seeking high-capacity compute environments.

The company will engage partners that require room for rapid expansion and efficient deployment. These partners seek stable power access combined with long-term visibility. The company intends to refine its layouts to support varied compute models.

CleanSpark remains focused on building durable platforms that address growing needs across Texas. The strategy emphasizes regional density and transmission-level stability. As a result, the company positions itself to grow its presence in one of the country’s leading power markets.

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