Bloomberg: Alameda has invested a total of approximately $1.15 billion in the mining company Genesis

ChainCatcher news, according to Bloomberg, Alameda Research invested a total of $1.15 billion in the mining company Genesis Digital between August 2021 and April 2022, including approximately $100 million invested in August 2021, $550 million in January 2022, $250 million in February 2022, and a $250 million investment in April 2022 at a valuation of $5.5 billion. Genesis Digital became Alameda Research's largest venture capital project.

It is reported that Genesis Digital was previously Genesis Mining, one of the largest and most experienced Bitcoin mining companies in the world, which previously attracted widespread attention due to a lawsuit involving 500,000 graphics cards with Fuzhou Genesis. (source link)