Genius Group Increases Holdings of BTC Worth $4 Million
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Odaily Odaily: Artificial intelligence company Genius Group (NYSE American: GNS) announced that it has increased its Bitcoin vault purchases by an additional $4 million to 153 coins, with a total value of $14 million and an average price of $91,372 per Bitcoin. The additional purchase of $4 million worth of Bitcoin follows the company's announcement on November 12 of its "Bitcoin First" strategy, which pledged that 90% or more of its current and future reserves will be held in Bitcoin, with an initial target of $120 million in Bitcoin. This purchase is the company's second purchase of Bitcoin in two weeks since the establishment of its Bitcoin vault. The first purchase was announced on November 18, when it purchased $10 million worth of Bitcoin. (Globenewswire)
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