CleanSpark, Inc. (CLSK) is making a serious bet on the AI infrastructure gold rush. The company announced Wednesday it's expanding its Texas presence with a land and transmission deal near Houston designed to power massive data center campuses for artificial intelligence and high-performance computing. Investors clearly liked what they heard, pushing shares up 6.2% to $13.34.

Here's what matters: CleanSpark isn't just buying land. The company signed a definitive agreement to acquire up to 447 acres in Brazoria County, along with a long-term arrangement for transmission facilities. That's the scarce part. Anyone can buy acreage, but transmission-level electricity access in strategically located grids? That's the bottleneck everyone's chasing right now.

The site will initially support around 300 megawatts, with expansion potential up to 600 megawatts. This becomes CleanSpark's second development project in ERCOT's greater Houston region, joining its Austin County site. Combined, the two locations represent more than 890 megawatts of aggregate potential utility capacity, creating a concentrated platform for multi-campus deployments.

CEO Matt Schultz put it plainly: "The demand for scaled, AI-native compute continues to accelerate, and access to transmission-level power in strategically advantageous regions has become increasingly constrained."

He added, "This agreement underscores our ability to source and secure high-quality power at scale while building regional density that is highly attractive to leading AI and compute customers."

CleanSpark also published its latest Bitcoin mining update for December 2025, outlining production and efficiency metrics. It's another data point for investors watching the company's expansion into AI-oriented infrastructure alongside its existing mining operations.