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0.0210889570552147 -0.0414110429447853 0.00306748466257663 0.00805214723926377 -0.0453732106339469 -0.0541922290388549 -0.0865286298568508 -0.156569529652352
Stock impact report

Genius Group increases Bitcoin Treasury by 50% to $30 million, reports 1,649% BTC Yield in Q4 2024

Genius Group Limited Ordinary Shares (GNS) 
Company Research Source: GlobeNewswire
SINGAPORE, Dec. 30, 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 $10 million to 319.4 Bitcoin for $30 million, at an average price of $93,919 per Bitcoin. The total purchase of $30 million of Bitcoin has been made within six weeks of the Company’s announcement 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. The milestone to reach 25% of the initial target is ahead of the Company’s target schedule. Company adopts BTC Yield as a Bitcoin Treasury KPI Genius Group has adopted BTC Yield as a Bitcoin Treasury Key Performance Indicator (KPI) to help assess the performance of its Bitcoin Treasury strategy in a manner the Company believes is Show less Read more
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