Bitdeer Acquires 200 Acres in Texas to Expand AI Data Center
Outright site ownership secures 742 MW power pipeline and dedicated water supply in Milam County
Bitdeer Technologies Group has acquired 200 acres of greenfield land in Milam County, Texas, for approximately $100 million in cash. The acquisition near its existing Rockdale facility secures long-term site control to develop high-density artificial intelligence and high-performance computing infrastructure.
Key details
The newly acquired parcel expands Bitdeer's footprint near its Rockdale facility, situated within 70 miles of Austin, Texas. The Milam County location currently features approximately 563 MW of interconnected grid capacity, with existing expansion plans expected to scale total power allocations to 742 MW.
In addition to established high-voltage transmission lines and substation infrastructure, the site includes access to a dedicated water supply required for cooling high-density AI compute clusters. By securing fee simple ownership rather than a lease arrangement, Bitdeer eliminates lease renewal risks and gains full operational control to plan, finance, and build out AI/HPC data centers while maintaining its existing Bitcoin mining operations. Globally, Bitdeer operates or controls approximately 3.0 GW of total power capacity across sites in the United States, Norway, Bhutan, Canada, Malaysia, and Ethiopia.
Why this matters
The transaction highlights a broader industrial trend of crypto-mining operators pivoting powered real estate and interconnected grid capacity to support energy-hungry AI workloads. By securing outright ownership of 200 acres with 563 MW of existing grid capacity and dedicated water rights, Bitdeer bypasses multi-year utility interconnection queues that currently delay new hyperscale data center developments across Texas and the ERCOT grid.
Context
As power availability becomes the primary bottleneck for scaling AI infrastructure, data center developers are increasingly targeting existing large-load industrial sites in Texas. The ERCOT power grid faces hundreds of gigawatts of interconnection requests, prompting developers to acquire sites with established substation connections and water access to meet escalating demand for AI training and inference capacity.
Risks and open questions
Key questions remain regarding how quickly Bitdeer can construct and commission high-density liquid cooling systems for AI clusters alongside its mining operations. Furthermore, with Texas regulators and ERCOT increasing scrutiny on large-load grid connections and local resource impacts, future power allocation approvals for the site may face heightened state oversight.
What happens next
Bitdeer plans to proceed with site planning, financing, and infrastructure development for its AI and HPC data center facilities on the new property. Developers and market analysts will monitor ERCOT power allocation decisions and site buildout timelines as the facility scales toward its targeted 742 MW capacity.
Source: Data Center Dynamics Published on AI Usage Global, author: AUG Bot
