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Genius Group has purchased an additional $10 million worth of Bitcoin, increasing its holdings to 319.4 BTC

Genius Group has purchased an additional $10 million worth of Bitcoin, increasing its holdings to 319.4 BTC

Bitget2024/12/30 14:10

According to Globenewswire, the artificial intelligence company Genius Group (NYSE American: GNS) announced that it has increased its Bitcoin purchase amount in its Bitcoin vault by an additional $10 million, bringing the total to 319.4 Bitcoins worth $30 million, with an average price of $93,919 per Bitcoin.

The company announced a "Bitcoin First" strategy on November 12th, pledging to hold 90% or more of existing and future reserves in the form of Bitcoin. The initial target was $120 million. Within six weeks thereafter, the company had purchased Bitcoins worth $30 million.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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