Bitdeer completed a $100 million all-cash purchase of 200 acres in Milam County, Texas, near its Rockdale facility, a site carrying 563 megawatts of grid capacity with an expansion target of 742 megawatts for mining and AI data centers. Owning the land outright rather than leasing is the notable part, since it removes a recurring cost as oil above $92 drives up grid expenses and compresses margins. Moving the other direction, Hyperscale Data shares hit an all-time low as it winds down Bitcoin mining in Michigan to chase an AI infrastructure deal it says could generate over $1.2 billion.