Galaxy Digital and MARA Holdings acquired land in Texas for AI, high-performance computing and Bitcoin infrastructure, adding to the state’s data center boom.

Galaxy Digital acquires nearly 500 acres in McGregor, Texas for Project Merlin, an AI and HPC data center campus with over $400 million in

The “privately funded" Texas campus is expected to generate a minimum of $130 million for McGregor's local tax base, Galaxy said.