Peak Mining runs this bitcoin mining facility in the Saxet Energy Park, a 114-acre industrial tract on McKinzie Road across from the Lyondell plant. Bootstrap Energy assembled the park and built the facility with an AEP Texas grid connection, then sold it to Peak Mining in December 2023. Peak Mining's second site, Corpus Christi II, sits on the next parcel.
Peak Mining was a Northern Data subsidiary until November 2025, when Northern Data sold it to Highland Group Mining, a group controlled by Tether executives. An option to resell the Corpus Christi sites for AI computing lapsed in January 2026, and the new owner said in June 2026 that it will keep and use them.
Site History
- In January 2026, Northern Data's option to buy back the Corpus Christi sites for an AI resale expired.
- In November 2025, Northern Data sold Peak Mining, including both Corpus Christi sites, to Highland Group Mining.
- In December 2023, Peak Mining bought the facility from Bootstrap Energy for $13.6 million.
- In October 2023, Bootstrap Energy unveiled the $400 million Saxet Energy Park.
- In March 2022, the City of Corpus Christi approved industrial district agreements for the park.