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4 days ago

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

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

What's happening

SignalsMonitor is following this as a markets story. CoinDesk is the outlet attached so far. The first report grouped here was at 12 Oct 2026, 10:27 UTC. The headline in use is “SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI”. This note is SignalsMonitor's own briefing, not the publisher's article.

What we know

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.

CoinDeskRead at CoinDesk

Story timeline

Reports grouped into this story, earliest first. Exact repeats from the same outlet are collapsed.

Reported by 1 outlet

  • CoinDesk