SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI
CoinDesk· Olivier Acuna· Oct 12, 2026 · 10:27 AM
SWI Group said it would use the proceeds from an 800 million-euro ($894 million) fundraise to transform Genesis Digital Assets, acquired from the FTX bankruptcy, from a bitcoin miner to an AI-focused data center.
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