Thor CALAP LLC to acquire Poolin's Texas cryptomining assets for $52M

Type: Sale · Technology: Data Center · Country: United States · Capacity: 100 MW · Value: $52M · Announced: 2026-07-31

Thor CALAP LLC agreed to purchase the Pyote and Tarbush cryptomining assets from Poolin Technology Pte Ltd and its U.S. affiliates for a combined $52M. The transaction includes $15M for the Pyote property and $37M for the Tarbush power rights and equipment, both located in West Texas. The facilities were originally planned for up to 600MW of power but were allocated only 100MW from Texas-New Mexico Power. The sale occurs as Poolin and its affiliates have filed for Chapter 11 bankruptcy protection, seeking to liquidate these data center assets. The deal establishes a stalking‑horse bid that will set the floor price for any subsequent auction of the assets.

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