Genius Group Bitcoin treasury grows 52% as 1,000 BTC goal reaffirmed
The Nasdaq-listed AI company’s treasury surpassed the 100 BTC mark after a favorable court order enabled it to resume Bitcoin accumulation.
Genius Group, a Singapore-based artificial intelligence education company, expanded its corporate Bitcoin treasury by more than 50% amid increasing institutional adoption of the world’s first cryptocurrency.
Despite a previous ban on the Nasdaq-listed firm’s corporate accumulation, Genius Group increased its Bitcoin (BTC) treasury by 52%, acquiring an additional 34 BTC during the past month.
This brings the firm’s corporate holdings to 100 BTC, purchased for a total of over $10 million at an average price of $100,600 per Bitcoin, according to a Monday announcement.
