AI firm Genius Group’s Bitcoin holdings now worth more than its market cap
Singapore-based artificial intelligence company Genius Group has boosted its crypto holdings, purchasing by an additional $2 million to 440 Bitcoin for $42 million. The Singapore-based AI and education company Genius Group now holds more Bitcoin (BTC) than its own market value. The company has increased its Bitcoin reserves to 440 BTC, adding another $2 million […]
KULR, Genius Group expand Bitcoin holdings
KULR Technology Group and Genius Group Limited, both publicly traded companies, have announced significant increases in their Bitcoin holdings as part of their treasury strategies. KULR Technology Group, headquartered in Houston, has raised its Bitcoin (BTC) treasury to 510 BTC with an additional $8 million purchase. The acquisitions, made at an average price of $101,695 […]
Genius Group launches $33m rights offering to boost Bitcoin reserve
Genius Group Limited, a Bitcoin-focused education company, has announced a $33 million rights offering to expand its Bitcoin Treasury. The offering will allow existing shareholders to purchase additional shares at $0.50 each, with proceeds earmarked entirely for Bitcoin (BTC) purchases, according to a company release. Each shareholder will receive one transferable right for every share […]
Genius Group buys $5m more in Bitcoin, totaling treasury to $35m
Genius Group Limited has increased its Bitcoin Treasury to $35 million. This purchase surpassed its milestone ahead of schedule in its ongoing effort to amass $120 million in Bitcoin holdings, according to a company release. The latest purchase comes just two months after the Singapore-based, AI-powered education company announced its “Bitcoin-first” strategy in early November. […]
MicroStrategy’s Bitcoin debt loop: Stroke of genius or risky gamble?
Critics call it heedless; supporters say it’s brilliant. Either way, Michael Saylor continues doubling down on Bitcoin. Source link
Genius Group increases its BTC holdings by 50% to $30m
Genius Group has added to its bitcoin holdings with a significant purchase announced on Dec. 30. The company disclosed it acquired additional Bitcoin (BTC) worth $10 million to bring its BTC treasury to 319.4 BTC, worth $30 million. Genius bought the Bitcoin at the average price of $93,919 per BTC. The publicly-traded company’s announcement came […]
Genius Group adds $1.8m to Bitcoin Treasury, now holds 172 BTC
Genius Group Limited, an education and AI firm based in Singapore, has expanded its Bitcoin-focused strategy by acquiring an additional $1.8 million worth of Bitcoin. This acquisition brings the company’s total holdings to 172 Bitcoin (BTC), valued at $15.8 million, with an average purchase price of $92,006 per Bitcoin, according to a company press release. […]
Genius Group kicks off Bitcoin treasury play with $10M in BTC
Genius Group has plans for a podcast to help other firms considering Bitcoin as a treasury reserve asset after they found there was no clear blueprint for the process. Source link
