CryptoSlate·BTC
FTX’s former Bitcoin mining bet gets new life as parent raises €800 million for AI
The new equity backs a wider AI platform while SWI pursues its existing plan to reposition Genesis Digital Assets' mining sites.
Also covered by 5 outlets
- Crypto Briefing ↗FTX’s old Bitcoin-mining infrastructure gets a second life powering AI
- Cryptonews ↗FTX Bitcoin Bet Takes an Unexpected Turn as SWI Group Raises $900 Million
- CoinDesk ↗SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI
- Bitcoin.com News ↗SWI Turns FTX’s Former Bitcoin Mining Infrastructure Toward AI Boom
- Cointelegraph ↗FTX’s crypto mining venture is now used to advance AI
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