Texas Gov. Greg Abbott ordered the Public Utility Commission and ERCOT to audit every data center project seeking a grid connection before …
Texas
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Mining
Texas Bitcoin Miners with Secured Power Capacity Could See Valuation Gains
by shayaanby shayaanInvestment firm Bernstein has indicated that Bitcoin miners and AI infrastructure companies operating in Texas with secured power capacity may see their …
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Mining
Bitcoin miners saved Texas power grid from collapse, but their lucrative pivot to AI is stripping away the emergency brake
by shayaanby shayaanTexas broke its all-time electricity demand record twice in two days last week. ERCOT served a preliminary 91,308 megawatts around 5 p.m. …
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Mining
Galaxy Buys Second Texas Site for AI Data Centre, Shares Pare Early Gain
by shayaanby shayaanGalaxy Digital (GLXY) has acquired approximately 500 acres in McGregor, Texas, for a second artificial intelligence (AI) and high-performance computing (HPC) data …
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Singapore-based Bitcoin mining company Poolin on July 22 filed for Chapter 11 bankruptcy protection in New Jersey, alongside its US affiliates Lonestar …
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Finance
Galaxy Digital targets $3.5B junk bond sale to expand Texas AI data center
by shayaanby shayaanGalaxy Digital has launched a planned $3.5 billion high-yield bond sale to help finance the expansion of its Helios data center campus …
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Scams
Galaxy Puts Its Name on Texas Tech’s Stadium in a 15-Year, Crypto-Native Deal
by shayaanby shayaanIn brief Texas Tech has secured a $70 million, 15-year naming rights deal with Galaxy Digital to rebrand its football stadium. The …
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Galaxy Digital has signed a 15-year agreement to rename Texas Tech’s football venue Galaxy Stadium from the 2026 season. According to Friday’s …
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Scams
MARA Stock Pops as Bitcoin Miner Agrees to Acquire Massive Powered Texas Land Plot
by shayaanby shayaanIn brief MARA Holdings is acquiring a 1,200+ acre powered site in Matagorda County, Texas from HIF USA, gaining access to up …
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Regulation
Supreme Court sides with Texas in age verification standoff with Big Tech
by shayaanby shayaanThe Supreme Court on Monday let Texas enforce a law requiring app stores to verify users’ ages and obtain parental consent before …