Bitdeer pays $100M for 200 Texas acres

Bitdeer paid about $100 million in cash for 200 acres near its Rockdale, Texas facility, positioning the parcel for AI/HPC development. The company announcement carried by Business Insider says Milam County sites have 563 MW of interconnected capacity today and a planned 742 MW, while a second publication of the release confirms the acquisition; future power allocations and AI conversion remain company projections. For operators, land control is becoming infrastructure strategy: compare this powered-site bet with OpenAI’s Ohio lease economics before treating announced megawatts as usable compute.