Chainfir Capital flags grid connections, not bitcoin rigs, as scarce asset in AI infrastructure shift
Chainfir Capital flagged SWI Group’s EUR 800 million raise at a EUR 6.1 billion valuation as a bet on AI data-center power access. SWI is repurposing Genesis Digital Assets into an AI-infrastructure landlord, prioritizing grid connections over bitcoin mining capacity. The analysis cited more than 1.3GW of energized or