GDA

What GDA does

GDA (Genesis Digital Assets Limited) is a privately held digital infrastructure company founded in 2013 and incorporated in Cyprus, with operational headquarters in Dubai and a primary office in Houston, Texas. The company designs, develops, and operates industrial-scale data center facilities for high-performance computing workloads, initially focused on Bitcoin mining and now pivoting toward AI and high-performance computing (HPC) services for hyperscalers and large enterprise customers. GDA's infrastructure footprint spans North America, South America, Europe, and Central Asia, encompassing 15+ facilities with over 1.3 GW of energized and approved grid connections, including flagship sites such as Pyote (300 MW, Texas), Long Draw (400 MW), Leon Creek (200 MW), and several Nordic facilities in Sweden.

GDA's core technology stack includes modular data center pods with natural cooling designs, high-efficiency power infrastructure featuring 138kV substations and ABB dry-type transformers, and a proprietary greenhouse-data center heat recovery system developed with RISE (Research Institutes of Sweden) and Luleå University of Technology. The company's business model combines usage-based revenue from cryptocurrency mining operations with subscription/recurring revenue from AI and HPC data center contracts offering reported margins up to 85% with multi-year visibility. Strategic energy and infrastructure partnerships include Duke Energy, Oncor, Constellation Energy, EDF, ABB, Hitachi, Priority Power, and CBRE. In June 2026, SWI Group (Euronext Amsterdam-listed) acquired a 77.2% liquidation preference / 38.3% total equity stake for $500 million, positioning the combined entity as one of the world's largest AI-ready digital infrastructure platforms with over 3.6 GW of combined capacity.

Name

GDA

Legal name

Genesis Digital Assets Limited

Website

https://genesisdigitalassets.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

251–500 employees

Short description

GDA (Genesis Digital Assets) is a digital infrastructure company that designs, builds, and operates industrial-scale data centers for high-performance computing workloads, primarily serving hyperscalers and large enterprise AI and Bitcoin mining customers across four continents.

Ownership category

akta.pro rank

Product category

Data Center Infrastructure Services

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Facilities Support Management Services (8744)

akta.pro industry

PRIMARYHDABANAA

Data Center Operations & Managed Services (Remote Hands, NOC/SOC)

Hardware, Technology & Telecom/Cloud & Data Center Infrastructure/Data Center Operations & Management

SECONDARYHDABAKAA

Power Distribution & Switchgear (UPS, PDUs, Busway)

Hardware, Technology & Telecom/Cloud & Data Center Infrastructure/Data Center Power, Cooling & Physical Infrastructure

SECONDARYHDABAOAB

Edge Colocation & Distributed Data Center Services

Hardware, Technology & Telecom/Cloud & Data Center Infrastructure/Edge Data Center Solutions

Keywords

• Data center operations
• High-performance computing
• Bitcoin mining infrastructure
• AI compute services
• Digital infrastructure

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Bitcoin Mining Operations: GDA generates revenue through industrial-scale Bitcoin mining operations, operating owned data centers with high-performance computing equipment. The company was one of the largest privately held Bitcoin mining operations.
2. AI and HPC Data Center Services: Following the SWI Group acquisition, GDA is pivoting to offer AI and high-performance computing (HPC) data center capacity to hyperscalers, with AI contracts offering margins of up to 85% with multi-year revenue visibility.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

GDA develops, builds, and operates industrial-scale data centers designed for high-performance computing workloads, including Bitcoin mining and AI compute. The company provides end-to-end digital infrastructure services: site selection across four continents, design and construction of purpose-built power and data center facilities, and continuous operations at industrial scale with over 1.3 GW of energized grid connections across 15 facilities. Following the 2026 SWI Group acquisition, GDA is pivoting to provide AI and HPC data center capacity to hyperscalers under multi-year contracts.

Product overview

GDA (Genesis Digital Assets) is a digital infrastructure company offering industrial-scale data center development and operations for high-performance computing workloads. The core offering includes site selection, power and data center development, and data center operations across North America, South America, Europe, and Central Asia. The company operates a portfolio of 17 named data center facilities (Pyote, Long Draw, Leon Creek, Porjus, Örträsk, Cholla, Greenville, Carterville, Ringo, Harris, IWS, Union, Pacolet, and others) totaling over 1.3 GW of capacity. Additionally, GDA operates the Greenhouse Project, an innovation initiative that repurposes waste heat from data center operations for agricultural production. Following a 2026 acquisition by SWI Group/AiOnX, the company is pivoting from cryptocurrency mining toward AI and high-performance computing workloads.

Differentiator

Problem solved

Functional benefit

Products and services

• Pyote Data Center Flagship 300 MW data center in Texas, USA featuring a 138kV substation capable of transmitting 400MW of low carbon power, scalable up to 370 MW with hybrid modular pod and state-of-the-art building design.
• Long Draw Data Center Greenfield site with 400 MW of secured capacity, ready for AI data center buildout. Located within 10 km of multiple solar and wind facilities including the 200+ MW Engie Solar Farm and Mesquite Creek Wind Farm.
• Leon Creek Data Center Greenfield site with 200 MW of secured capacity, ready for AI data center buildout. Area includes significant solar development contributing to higher share of renewable energy in the grid mix.
• Porjus Data Center 8 MW data center in Northern Sweden near the 417 MW Porjus Hydroelectric Station, utilizing green energy from the nearby hydro power station.
• Örträsk Data Center Data center in Sweden powered by clean energy with potential capacity of up to 100MW. Uses ABB Dry Type Transformers, eliminating 50,000 gallons of oil.
• Cholla Data Center Satellite project for the Pyote data center in Ward County, Texas. Features high-efficiency switchgear and dry type environment-friendly transformers with planned solar colocation.
• Greenville Data Center Data center in South Carolina with indoor and outdoor installations featuring modular data center pods made in Canada. Utilizes low-carbon energy from Duke Energy.
• Carterville Data Center

Quantifiable outcome

• 1 MW facility can heat up to 3,000 m² greenhouse or partially heat 10,000 m² greenhouse, increasing local self-sufficiency by 8%
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

13 partnerships are on record, tiered core and innovation.

• Duke EnergycoreStrategic or Co-development PartnerDuke Energy partners with GDA on power supply, providing abundant low-carbon and nuclear energy for data center operations in North Carolina and South Carolina locations.
• OncorcoreStrategic or Co-development PartnerOncor provides electrical transmission infrastructure for GDA's Texas operations, supporting the Pyote flagship data center with 138kV substation.
• Constellation EnergycoreStrategic or Co-development PartnerConstellation Energy is listed as an energy partner providing power infrastructure for GDA's data center operations.
• EDFcoreStrategic or Co-development PartnerEDF (Électricité de France) is an energy partner providing power solutions for GDA operations.
• ABBcoreTechnology or IntegrationABB provides dry-type transformers for GDA's data centers, eliminating 50,000 gallons of oil usage through environment-friendly equipment.
• HitachicoreTechnology or IntegrationHitachi provides environment-friendly dry-type distribution transformers for GDA's IWS data center in South Carolina.
• Priority PowercoreTechnology or IntegrationPriority Power provides power infrastructure solutions as a partner for GDA's data center operations.
• CBREcoreImplementation/ SI/ Consulting PartnerCBRE provides commercial real estate and facility management services as a partner for GDA's data center operations.
• RISE - Research Institutes of SwedeninnovationStrategic or Co-development PartnerRISE provides scientific research and technical expertise for the greenhouse-data center heat recovery project, including design and development of control systems.
• Luleå University of TechnologyinnovationStrategic or Co-development PartnerAcademic partner providing research and development for the greenhouse-data center project, including computational fluid dynamics analysis and control algorithm development.
• Swedish Energy AgencycoreStrategic or Co-development PartnerGovernment agency providing funding and strategic support for the energy symbiosis project between data centers and greenhouse farming in northern Sweden.
• Boden Business AgencycoreStrategic or Co-development PartnerInitiator and coordinator of the greenhouse-data center project, facilitating synergies between energy-intensive industries and the food cluster.
• Lockhart PowercoreStrategic or Co-development PartnerRenewable energy provider operating hydro power plants near GDA's Pacolet data center in South Carolina, providing clean power for operations.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Core Scientific: Core Scientific emerged from bankruptcy in 2024 as a Bitcoin mining + HPC/AI colocation operator. It is the closest direct peer, offering infrastructure conversion from crypto mining to AI workloads with hyperscaler hosting deals.
• Riot Platforms: Large-cap publicly traded Bitcoin miner pivoting to HPC/AI data center services in Texas. Operates industrial-scale infrastructure with comparable ERCOT exposure and a similar pivot strategy from mining to AI compute.
• MARA Holdings (Marathon Digital): One of the largest publicly traded Bitcoin miners exploring HPC and AI compute diversification. Operates industrial-scale data centers with similar power infrastructure approach and Texas exposure.
• Hut 8: Public Bitcoin mining and digital infrastructure company that has explicitly pivoted toward AI/HPC hosting through its Highrise AI subsidiary. Comparable North American footprint and infrastructure conversion strategy.
• Iris Energy: Renewable-powered Bitcoin miner pivoting toward AI/HPC compute services. Operates industrial-scale data centers with 100% renewable energy, similar to GDA's sustainability positioning.
• Northern Data: European-based HPC and Bitcoin mining operator that has pivoted heavily toward AI cloud services (Taiga Cloud). Closely comparable business model transformation from crypto mining to AI compute, with European geographic overlap.
• TeraWulf: US-based Bitcoin miner operating nuclear- and hydro-powered data centers in Pennsylvania. Comparable industrial-scale data center operations and AI/HPC pivot narrative.
• Bitdeer Technologies: Bitcoin mining and cloud hash services operator with operations across the US, Norway, and Bhutan. Comparable self-mining plus infrastructure model with international footprint.

Broad incumbents

• Equinix: Largest global retail colocation and interconnection provider. Operates as a broad incumbent in data center services with an extensive global footprint; competes for hyperscaler workloads but specializes in interconnection rather than industrial-scale AI compute.
• Vantage Data Centers: Major hyperscale-focused data center operator backed by DigitalBridge and others. Competes for large-scale AI and cloud deployments and represents the broader private-equity-backed hyperscale colocation market GDA is targeting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/genesis-digital-assets
• Xx.com/AssetsGenesis
• Facebookfacebook.com/GenesisDigitalAssets

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds5 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GDA