FTX and Alameda breakdown controversies continue to hit the spotlight in the cryptosphere. The latest revelation gives insight into Alameda’s investments. According to a report by Bloomberg, FTX’s venture arm had high hopes for Bitcoin mining as it invested as much as $1.15 billion in Genesis Digital Assets in four funding rounds.

The venture arm made its first investment in August last year, when Bitcoin (BTC) was trading at a high of $50,505. In this investment round, Alameda had poured in $100 million. The rest of the investments took place this year, with $550 million invested in January. The venture arm poured in an additional $250 million the very next month.

Meanwhile, the last investment was in April, with the firm adding $250 million to Genesis Digital’s balance sheets. This was in the same timeline as when Bitcoin’s price was on its way downhill. Notably, the amount of money invested in Genesis makes it Alameda’s biggest investment.