Texas Land Rush: Galaxy Digital and MARA Holdings Acquire Sites for AI and Crypto Infrastructure

Galaxy Digital and MARA Holdings are expanding their presence in Texas through separate land acquisitions. The companies plan to develop the acquired sites for artificial intelligence (AI) and high-performance computing (HPC) infrastructure, as well as Bitcoin mining.

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

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