During Texas' vote counting period, computing power stocks weakened; concurrently, a trader used a TWAP order to short CoreWeave.

According to TradingBeats' monitoring, the Texas gubernatorial election has entered the vote-counting phase, with Democratic candidate Gina Hinojosa leading in released ballots, and her policy proposal to restrict large data center expansion has drawn attention. Hyperliquid computing power-related contracts weakened simultaneously; since 9 a.m. today, CoreWeave (CRWV) has fallen approximately 5.3% to $50.06, while IREN and CIFR dropped around 6.2% and 7.7% respectively. Hinojosa advocates suspending approvals for new data centers until the state legislature enacts regulations protecting residents' water, power, and community rights, while eliminating existing tax incentives for large data centers. CoreWeave still has large-scale computing power infrastructure pending delivery in Texas. Galaxy previously disclosed that its Helios data center campus in West Texas has delivered 133MW of critical IT load to CoreWeave, with an additional 260MW phase two project under construction, expected to start delivery in the first half of 2027. Future changes to data center regulatory policies may impact the expansion and delivery schedules of local projects. According to TradingBeats' monitoring, during the decline of computing power stocks, trader 0xa290 established a new short position of approximately $500,000 in CRWV via a 30-minute TWAP trade. The account currently holds positions worth around $491,400, with an average entry price of $50.28, using 10x isolated leverage, and a liquidation price of $52.69.