Microsoft just bought a pumpkin farm in Wisconsin. That’s… weird, right? Relax. It’s okay if you’re confused. Rest assured they’re not getting into the gourd game.
Here’s Five Fast Facts About Microsoft’s Pumpkin Purchase:
- 🎃 Farm Club - The farm in question is formerly known as the Land of the Giants Pumpkin Farm in Mount Pleasant.
- 🚜 Cash Out - Microsoft paid $76M for the 407-acre farm, which was previously valued at $600,000. The local government tried to buy it on behalf of Foxconn back in 2017 for somewhere around that price. Someone had a really smart realtor.
- 🖥️ AI-OU - Microsoft said it’s using the land for data center infrastructure, which is an important part of expanding AI technology. Hi there, Skynet!
- 🏗️ Build Better - They’ve already started building, too. An initial $1B construction phase will start on a previously-purchased 215 acres. Microsoft said it expects 200 jobs, with potential future expansions adding another 460 jobs.
- 🏗️Add On - This purchase is in addition to Microsoft’s other land acquisitions from earlier in the year, totaling almost two square miles. They’re serious about investing.
🔥Bottom line: Who’s your daddy, Foxconn? Hopefully this land acquisition will be a good thing for the folks in Mount Pleasant. They’ve been getting the shaft since the start. Certainly $76 million will go a long way for some people.
What do you think of the purchase?
Let us know by connecting with us on Facebook and Instagram! Also, remember to share this newsletter with your friends & coworkers!
Btw, If you’ve read this far and haven’t yet signed up for the weekly Paycheckology newsletter, CLICK HERE!
