Genesis Digital Assets (GDA) is an industrial-scale digital infrastructure operator that builds, owns and runs large data centres, historically for Bitcoin mining. Established as the successor to the Genesis Mining business, it controls roughly 1.3 GW of energised and approved grid connections across 15 facilities, including hyperscaler-grade sites in Texas alongside operations in the Nordics and elsewhere. In June 2026 SWI Group bought a $500 million shareholding, and by August 2026 had taken a controlling stake of more than 70%. The company is being renamed SWI Digital and its capacity repositioned toward high-performance computing and AI workloads.
Genesis Digital Assets has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2013
Employees
201–500
Total Funding
$1.06B
5 rounds
Latest Valuation
$5.5B
Feb 1, 2022
SWI Group completed its acquisition of a controlling stake of over 70% in Genesis Digital Assets, which is being renamed SWI Digital.
Control has changed hands; the 1.3 GW portfolio is being repositioned from Bitcoin mining to AI/HPC.
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $1.06B across 5 rounds
Last updated 09-10-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Apr 2022 | Series B Extension (April 2022 tranche) The Block | $250M | — | Alameda Research |
| Feb 2022 | Series B Extension / Late Stage VC The Block | $250M | $5.5B | Alameda Research |
| Jan 2022 | Secondary — founder share sale to Alameda Research The Block | $550.9M | — | Alameda Research |
Marco Streng
Co-Founder & CEO
Marco Krohn
Co-Founder
Abdumalik Mirakhmedov
Co-Founder & Executive President
Rashit Makhat
Co-Founder & Director
Andrey Kim
Co-Founder
Competitor list is illustrative and may be incomplete, stale, or erroneous.
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