Bitcoin

FTX Bitcoin Bet Takes an Unexpected Turn as SWI Group Raises $900 Million

CryptoNews·October 12, 2026·1 min read

SWI Group raised €800 million at a €6.1 billion valuation to fund AI infrastructure, power projects, and compute across Europe and the US. The raise marks an unexpected turn in FTX's Bitcoin bet, as the group expands its focus beyond crypto into broader technology and energy sectors.

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