FTX’s former Bitcoin mining bet gets new life as parent raises €800 million for AI
SWI Group has secured €800 million to expand its artificial intelligence infrastructure, transforming the FTX-supported Bitcoin miner Genesis Digital Assets into a…
Tag: Bitcoin Mining
Luxor’s reported 6–13% annualized Bitcoin yield depends on mining delivery
Luxor reported a 6% to 13% annualized Bitcoin financing spread in September, relying on prepaid mining power paired with price hedges, though…
Hut 8 locks in $1B credit line, but faces 40% liquidity rules
Bitcoin miner Hut 8 finalized a four-year, $1 billion senior secured credit facility to support site development and letters of credit, while…