TPL News & Events

Notable gainers among liquid option names this morning include Jabil Circuit (JBL) $228.86 +16.30, Moderna (MRNA) $31.14 +1.25, Albemarle (ALB) $136.52 +5.45, Texas Pacific Land Trust (TPL) $854.30 +33.61, and Cooper Companies (COO) $83.95 +2.91.

Texas Pacific Land announced a strategic agreement with Bolt Data & Energy to develop and enable large-scale data center campuses and supporting infrastructure across TPL land. As part of the agreement, Bolt raised $150M of capital with $50M invested by TPL. TPL will receive an equity interest, warrants, and a right of first refusal to supply water to Bolt-affiliated projects and related infrastructure. Bolt is currently pursuing commercial partnerships and anchor customers to develop large-scale data centers on TPL land.