SWI Group Expands Its Transatlantic Digital Infrastructure Platform for AI Workloads
SWI Group Expands Transatlantic Digital Infrastructure
On June 15, 2026, SWI Group, a publicly listed investment firm in Euronext Amsterdam, announced the completion of a major acquisition valued at $500 million. This strategic move forms a significant milestone in expanding its digital infrastructure footprint, specifically aimed at supporting high-performance computing and AI workloads.
SWI Group has acquired a substantial stake in Genesis Digital Assets Limited (GDA), which ranks among the largest privately-owned digital infrastructure platforms in the United States. This acquisition grants SWI Group ownership of 1.3 GW of energized grid connections, encompassing a total of 15 facilities, including several hyperscale sites located in Texas.
With this latest acquisition, SWI Group plans to pivot its operations from the current focus on digital asset mining to robust high-performance computing environments and advanced AI workloads. The company aims to leverage its operational expertise in AI-ready infrastructure, particularly through its European data center platform, AiOnX.
The consolidation of its assets will substantially augment the combined global capacity of SWI Group to a staggering 3.6 GW. This figure includes AiOnX's existing capacity of 2.3 GW located across Ireland, the UK, Denmark, Spain, and Italy. The newly expanded capacity positions SWI Group as a formidable player in the digital infrastructure market, providing critical resources for AI development and initiatives.
Max-Hervé George, the founder and CEO of SWI Group, commented on the acquisition, stating, "Electric connectivity is the most valuable resource in today’s digital infrastructure landscape. Transitioning traditional cryptocurrency mining assets towards AI and high-performance computing essentially represents the most effective and lucrative utilization of these resources." He also emphasized that since 2020, SWI Group has invested heavily in electric connectivity, underscoring the long-term vision of their strategic approach.
Following the closure of the deal, SWI Group is poised to possess approximately 77.2% of the liquidation preference value amounting to $1.124 billion attributed to the preferred shares of GDA, in addition to an approximate 38.3% control over the total shareholding.
About SWI Group
SWI Stoneweg Icona Group is a diversified global investment conglomerate dedicated to various sectors including data centers, real estate, credit, and finance. The group’s investment strategies are grounded in extensive research and strong firsthand insights, allowing them to implement effective measures to optimize profitability. Currently, SWI Group manages around €10 billion in assets and employs over 280 professionals across 26 offices worldwide.
About AiOnX
AiOnX is SWI Group's proprietary data center development and operations platform, featuring five sites under development across Europe. This platform is pivotal in establishing a solid European AI-ready capacity of 2.3 GW.
About Genesis Digital Assets Limited
Genesis Digital Assets Limited holds over 1.3 GW of power capacity across facilities located mainly in the United States and Sweden, including several high-capacity data centers in Texas. The company is reorienting its services to cater to high-performance computing and AI workloads.
The acquisition of GDA by SWI Group not only reflects a proactive business strategy but also sets a precedent for future endeavors in advancing digital infrastructure to meet the rising demands of AI technologies.