Genius Group Increases Bitcoin Holdings to $35 Million
U.S.-listed public companies continue to adopt Bitcoin (BTC), with recent significant purchases:
- Genius Group (GNS) increased its Bitcoin holdings to $35 million, acquiring 372 BTC at an average price of $94,047.
- GNS plans a rights offering potentially generating $33 million. CEO Roger Hamilton will purchase 500,000 shares.
- Genius Group is exploring loan financing for further Bitcoin accumulation. Its shares rose by 7% on Tuesday.
- Ming Shing Group (MSW) purchased 500 BTC at an average price of $94,375, with shares up 43% year-to-date.
- Four publicly traded companies have announced Bitcoin acquisitions, while seven have declared strategies without purchases.
