The deal grants SWI Group control over 15 facilities, including several hyperscaler-grade sites located in Texas. By integrating these assets into its existing AiOnX platform—which currently manages 2.3 GW of capacity across Ireland, the UK, Denmark, Spain, and Italy—the investment conglomerate becomes one of the largest single-firm holders of AI-ready digital infrastructure globally.
SWI Group Targets AI Dominance with $500 Million US Infrastructure Buy
With a $500 million acquisition of a significant stake in Genesis Digital Assets, SWI Group is pivoting a massive 1.3 GW American portfolio away from cryptocurrency mining. The move signals a strategic shift toward high-performance computing, positioning the firm to command a transatlantic footprint of 3.6 GW for AI workloads.
Max-Hervé George, founder and CEO of SWI Group, characterized power connectivity as the most vital commodity in the current digital landscape. The company intends to leverage its European operational expertise to retrofit the newly acquired legacy mining sites for intensive artificial intelligence and computing demands. Under the terms of the agreement, the firm secures roughly 77.2% of the $1.124 billion liquidation preference tied to Genesis Digital Assets' preferred shares and a 38.3% total shareholding.
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