Genius Group Increases Bitcoin Holdings by 20% to 120 BTC
Genius Group Limited (GNS) has increased its bitcoin holdings by 20%, totaling 120 BTC at an average cost of $101,539, as per an SEC filing.
- The company plans to accelerate its bitcoin purchases in the coming months.
- Since May 22, after a US court lifted restrictions on bitcoin acquisitions, it has doubled its reserves.
- Genius Group aims to acquire 1,000 BTC within six months.
- CEO Roger Hamilton highlighted the company's mission to educate about AI, digital finance, and community values.
- Genius Group's shares have risen over 300% in the past two weeks but are down more than 40% year-over-year.