Alameda Research invested $1.15B in crypto miner Genesis Digital: Report
Sam Bankman-Fried was consulted on the capital injection, which was made before crypto prices plummeted.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Sam Bankman-Fried was consulted on the capital injection, which was made before crypto prices plummeted.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
CoinShares reports $2B in crypto ETP inflows as AI revenue for Bitcoin miners could hit 70%
Bitcoin miners' shift to AI and HPC highlights a strategic pivot, reshaping industry dynamics and investor confidence in crypto ma...
Bitcoin miners are no longer pure crypto proxies and are morphing into high-performance computing hubs
Bitcoin gained 21.5% from the Aug. 17 close through Aug. 21, yet six of seven large US-listed miners finished the same trading str...
Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud
IREN is still mostly a Bitcoin miner by revenue, even as it retires mining hardware to make room for AI infrastructure and grow IR...
Cardone Capital Adds 1,200 BTC and 2,000 Units in $5.3B Real Estate Approach
Key Takeaways: Cardone Capital has been allocating approximately 1,200 BTC and 2,000 multifamily units through its hybrid real est...
Wall Street’s favorite Bitcoin broker just walked away from institutional trading to chase gigawatts of power
BitGo's NYDIG deal transfers its institutional trading business to the digital-asset custody and trading infrastructure provider,...
Capital B Raises €21M From Adam Back and TOBAM To Buy More BTC
Bitcoin Magazine Capital B Raises €21M From Adam Back and TOBAM To Buy More BTC Capital B, the Euronext Growth-listed company that...