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 Group raised 800 million euros ($894 million) from institutional investors, valuing the company at 6.1 billion euros, to expand artificial intelligence and data center projects in Europe and the U.S. The company plans to repurpose the U.S. and Swedish facilities of Genesis Digital…
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