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Genesis Digital Assets
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- 1SWI Group Raises €800M to Convert Bitcoin Miner Genesis Digital Into AI Data Centres▼SWI Group Raises €800M to Turn FTX-Backed Bitcoin Miner Genesis Digital Into AI Data Centres
SWI Group has raised €800 million to repurpose Genesis Digital Assets, a bitcoin mining company once backed by FTX, into AI data centre infrastructure. The move reflects a broader trend of crypto mining firms pivoting to high-performance computing as demand for AI capacity surges and mining margins tighten.