Genius Group recently increased its holdings by 24.5 BTC, restoring its Bitcoin reserve construction.

According to GlobeNewswire, artificial intelligence education group Genius Group (NYSE American: GNS) has resumed the construction of bitcoin reserves after the U.S. Court of Appeals lifted the ban. The company recently increased its holdings by 24.5 BTC, bringing its current holdings to 85.5 BTC (total cost of $8.5 million, average price of $99,700 per BTC), a 40% increase from the previous one. The company reiterated that it will continue to increase its holdings to 1,000 BTC as planned in November 2024. CEO Roger Hamilton said that rebuilding the Bitcoin Reserve is a key part of the company's 2025 growth strategy, which aims to drive AI, Bitcoin, and community education.

BTC-0.44%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)