May 12, 2026
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Three Deals, One Thesis: The Capital Stack Is Buying Electrons Now
Kevin O'Leary's 9 GW Stratos project cleared Box Elder County commissioners unanimously, with MIDA approving a development agreement April 24, 2026.
May 11, 2026
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Recycled Water Is the Texas Permit Edge. San Antonio Just Proved It.
Box Elder County, Utah, approved the 40,000-acre Stratos Project over intense local opposition with state backing.
May 10, 2026
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Sequencing Beats Vision: Why Fermi's $19B Pitch Couldn't Land a Single Tenant
O'Leary Digital and Utah's MIDA got Box Elder County commission approval on May 4 for the 40,000-acre Stratos campus, slated for 9 GW of gas generation and an estimated 16.6 billion gallons of water annually from sources feeding a Great Salt Lake already at record lows.
May 5, 2026
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Seven Hyperscalers Sign On: Self-Funded Power Is the New Permit Price
In Box Elder County, Utah, the Stratos Project's 3,000 acre-feet purchase plus 10,000 acre-feet backup drew roughly 500 protests on a single application.