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Category: Impact Initiative

Genesis Digital Assets

Genesis Digital Assets (GDA) is an industrial-scale digital infrastructure company that identifies sites, develops power and data center infrastructure, and operates its own facilities supporting high-performance computing workloads such as Bitcoin mining and AI. The company operates numerous data centers across Texas, South Carolina, North Carolina (USA), and Sweden, with capacities ranging from a few MW up to 300+ MW, often powered by clean or low-carbon energy sources such as hydroelectric power. GDA also runs the Greenhouse Project, an initiative using data center waste heat to enable greenhouse farming in cold climates, in partnership with Swedish research institutes. GDA emphasizes sustainability, community impact (local jobs, tax contributions), and grid curtailment services, and describes itself as one of the fastest-growing bitcoin producers in the United States. The company does not accept investment from the public and does not sell products or services to the public, serving primarily as an operator of its own infrastructure rather than a retail-facing service provider.
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Funding Rounds

Funding Round: Private Equity
Funding Date: 21 Sep, 2021
Raised Amount: $431M
Funding Round: Strategic
Funding Date: 1 Sep, 2021
Raised Amount: $431M

Investors