Woofun AI reports that Galaxy Digital and MARA Holdings have secured separate land parcels in Texas to expand infrastructure for AI, high-performance computing (HPC), and Bitcoin mining.

Galaxy Digital, a crypto financial services firm, acquired a 500-acre site in McGregor, Texas, on Tuesday. This location will host its second AI and high-performance computing (HPC) data center campus in the state. The initial phase is projected to launch with 74 megawatts of power capacity, with further expansion planned for subsequent stages.

MARA Holdings, a Bitcoin miner and digital infrastructure provider, separately agreed to acquire a 1,200-acre powered site in Matagorda County. Per Woofun AI, the facility offers up to 2 gigawatts of power capacity for AI and HPC workloads alongside bitcoin mining. This announcement coincided with Meta Platforms disclosing plans for a $14 billion AI data center campus in El Paso, underscoring a surge in large-scale infrastructure investments across the region.

Texas has emerged as a dominant destination for such projects due to its large power market, relatively low electricity costs, and ample land availability. The state’s independent ERCOT grid further attracts developers seeking access to substantial power capacity, reinforcing its strategic advantage for energy-intensive operations.