Microsoft’s 3,200 Acres Data Center Land Purchase—and the Utility Stock That Benefits

Microsoft is boosting its footprint in Wyoming with its intent to purchase 3,200 acres for a new data center. (Faina Gurevich / Dreamstime)

Black Hills Corp. shares rose on Tuesday after Microsoft announced plans to purchase approximately 3,200 acres in Cheyenne, Wyo., to develop a data center.