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SWI Group Acquires Majority Stake in FTX Mining | ByteBrief

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AICointelegraphabout 1 hour ago

SWI Group Acquires Majority Stake in FTX Mining

1 min read

SWI Group raised about $900 million to scale its data center and AI computing capacity. The firm reportedly now holds majority control over Genesis Digital Assets, a former FTX mining company with 15 facilities and 1.3 gigawatts of capacity. Legal disputes regarding the asset have been resolved.

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