Texas Awaits Crypto Infrastructure Boom as Galaxy Digital, MARA Holdings Acquire Land

Crypto companies are expanding their physical footprint in Texas, with Galaxy Digital and MARA Holdings announcing land acquisitions for AI, high-performance computing (HPC), and Bitcoin mining infrastructure.

Galaxy Digital acquired a 500-acre site in McGregor, Texas, where it plans to build its second AI and HPC data center campus. The project will launch with 74 megawatts of power capacity before expanding in later phases.

MARA Holdings separately announced an agreement to acquire a 1,200-acre powered site in Matagorda County, which has access to up to 2 gigawatts of power capacity. The company plans to develop the site for AI and HPC workloads as well as Bitcoin mining.