The Genius Group, an AI-based education and technology adoption acceleration group, has decided to make Bitcoin its main treasury asset. Prior to this, the organization reorganized its board of directors, which included experts in the field of blockchain and Web3 technologies.
Genius Group now plans to hold 90% or more of its current and future reserves in Bitcoin (BTC). This strategy also includes purchasing $120 million worth of Bitcoin, launching a Web3 educational series for students, and enabling Bitcoin payments on the company's education technology platform.
Genius Group is focused on educating students on the exponential technologies of the future. We are looking at Bitcoin as the primary store of value that will fuel these exponential technologies.
We fully support the compelling case that Michael Saylor and Microstrategy have made for public companies to invest in Bitcoin as its main treasury reserve asset, said Genius Group director Thomas Power.
Thus, Genius Group has joined the group of companies that already includes Microstrategy and Semler Scientific, which have firmly chosen to invest in Bitcoin as part of its organizational asset base.
