SWI Raises €800 Million for AI Infrastructure
SWI Group has raised €800 million from institutional investors at a reported valuation of €6.1 billion, funding its expansion of artificial-intelligence infrastructure and data centers in Europe and the United States. The Amsterdam-listed investment holding company said the proceeds would support power infrastructure, computing equipment and data-center development. The financing brings SWI’s equity fundraising since March 2026 to more than €1 billion, according to the company. It did not identify the investors or disclose how much of the new capital would be allocated specifically to Genesis Digital, the former Bitcoin miner it now controls. SWI has said it obtained majority control of Genesis Digital and renamed the business SWI Digital. It plans to repurpose suitable facilities in the United States and Sweden for AI and high-performance computing, while selling the unit’s three remaining small mining sites in Kazakhstan. The company is also developing an AI cloud platform intended to provide computing resources to businesses and developers. Genesis Digital’s power connections are central to the strategy. SWI says the business has 1.