SWI Group Acquires $500 Million Stake in Genesis Digital Assets, Shifts Mining Portfolio Toward AI
SWI Group has acquired a significant stake in Genesis Digital Assets for $500 million and plans to pivot the mining portfolio toward high-performance computing and artificial intelligence. The acquisition gives SWI approximately 77.2% of GDA’s preferred share liquidation preference, with total infrastructure capacity now reaching 3.6 GW across transatlantic operations.
Topics: AI Infrastructure Bitcoin Mining Data Centers Energy Capacity