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Crypto & Bitcoin

Genesis Digital, once backed by FTX, puts its last Kazakh bitcoin mines up for sale

Reported by Randa Moses, Cryptopolitan

Image: Cryptopolitan

SWI Group is selling the Kazakhstan bitcoin mines of Genesis Digital Assets. Genesis used to be backed by FTX but is now controlled by SWI. The Amsterdam-listed parent is steering €800 million, about $894 million, of new capital into AI data centers. SWI is an investment firm focused on digital infrastructure, listed on Euronext Amsterdam with the ticker SWICH. It raised the money from institutional investors on Monday in a round that valued the firm at €6.1 billion.

This is an excerpt. The reporting belongs to Cryptopolitan.

Read the full report on cryptopolitan.com
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