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According to Reuters, the billionaire Hunt family from Texas and the real estate giant Crow family are jointly investing in a data center project with Nasdaq-listed Bitcoin company Empery Digital (EMPD), with a scale of approximately $1 billion. The team has agreed to acquire an industrial facility with about 150MW of power capacity for about $230 million and plans to convert it into a data center, while signing a long-term lease of approximately $1 billion with a cloud computing company. The project party stated that they will leverage power and real estate resource advantages to transform industrial assets into AI data center infrastructure.