Published Oct 12, 2026, 6:27 AM ET · Updated a month ago · 3 sources
SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI
CoinDesk
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Original Report
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.