Eight-year deal was confirmed by Tesla CEO Elon Musk on X

Acquired the assets for $3.5bn

Company secures more funds for cryptomine facility

Facility would be located in suburb of Bloomfield

Project expected to be energized in summer 2027

Loan backed up by fully leased data center in Mesa

The $50 million project will be funded by private and public investment

Follows expansion works in Texas, Spain, and Japan

Company plans multi-building campus near former power plant site

Site last sold in 2021, unclear when telco left the building

Expected to reduce emissions at the facility by a third

Company goes live outside Houston, launches new land & energy division

Follows on from T-Mobile's acquisition of Lumos earlier this year

Former DOE Loan Office head calls move illegal

Claims costs of chips made at Arizona fab are between 5 and 20 percent higher than those produced in Taiwan

Total project size reduced by a third

Developer Logistix will reapply with county authorities

Company posted a net loss of $2.9 billion on $12.9bn in flat quarterly revenue

Also notes that small cell sales are progressing well, while CEO search continues

Partners with Tallgrass to utilize natural gas pipelines

The company has raised $10.7m this year so far

End user unknown

Facility to sit on 11 acre land parcel in the region

Company revealed plan to reduce overall debt during earnings call this week