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SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI

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SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI

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.

SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI

Source：CoinDesk

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Source：https://www.coindesk.com/business/2026/10/12/swi-raises-usd894-million-to-repurpose-former-ftx-bitcoin-miner-genesis-digital-to-ai