Galaxy, MARA Holdings deepen Texas expansion with land Acquisitions
Summary
Crypto firms are expanding in Texas with major land deals for AI, HPC, and mining infrastructure. Galaxy Digital bought a 500-acre site in McGregor to build its second Texas AI/HPC data center campus, starting with 74 MW and expanding later. MARA Holdings agreed to acquire a 1,200-acre powered site in Matagorda County with access to up to 2 GW, intended for AI, HPC, and Bitcoin mining. The moves align with broader growth in Texas data-center investment, including Meta’s planned $14 billion AI campus in El Paso. Texas remains attractive due to abundant land, relatively low power costs, and the ERCOT grid’s large capacity.
