Genius Group adds to its Bitcoin Treasury, with total purchase of 194 Bitcoin for $18 million
Genius Group Limited Ordinary Shares (GNS)
Company Research
Source: GlobeNewswire
SINGAPORE, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, today announced that it had increased its Bitcoin purchases for its Bitcoin Treasury by an additional $2.2 million to 191 Bitcoin for $18 million, at an average price of $92,728 per Bitcoin. The Company’s announced on November 12 of its “Bitcoin-first” strategy that it is committing 90% or more of its current and future reserves to be held in Bitcoin, with an initial target of $120 million in Bitcoin. Following its initial purchase of $10 million in Bitcoin in the week of the announcement, in the four subsequent weeks it has been adding an average of $2 million per week to its Bitcoin reserve. The Company will be hosting an Investor Meeting live from Bitcoin MENA 2024 in Abu Dhabi at 5.30pm UAE time, 8.30am US Eastern Time, on Tuesday, December 10, 2024, where the Company’s CEO, Roger Hamilton, will provide d
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News
- Genius Group Boosts Bitcoin Holdings Amid Strong BTC Yield Performance [Yahoo! Finance]Yahoo! Finance
- Genius Group increases Bitcoin Treasury by 50% to $30 million, reports 1,649% BTC Yield in Q4 2024GlobeNewswire
- Genius Group Announces 177% Net Asset Growth in First Half of 2024GlobeNewswire
- Genius Group increases Bitcoin Treasury to total purchase of 214 Bitcoin for $20 millionGlobeNewswire
- Genius Group increased its Bitcoin purchases for its Treasury by $2.2M [Yahoo! Finance]Yahoo! Finance
GNS
Sec Filings
- 1/3/25 - Form 6-K
- 12/31/24 - Form 6-K
- 12/30/24 - Form 6-K
- GNS's page on the SEC website