Just In; Genius Group Adds $10M in Bitcoin As Part of Treasury Strategy

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As a seasoned financial analyst with over two decades of experience, I have witnessed the evolution of digital currencies and their impact on various industries. Genius Group’s recent move to increase its Bitcoin holdings by $10 million is an intriguing development that catches my attention.

In my career, I’ve seen numerous companies dabble in cryptocurrencies, but few have committed as aggressively as Genius Group with their “Bitcoin-first” strategy. Their decision to invest over 90% of their reserves into Bitcoin is a bold one, especially given the volatility inherent in this digital asset class.

However, I admire their long-term vision and strategic thinking. The company has set an ambitious goal of investing $120 million in Bitcoin, which they’ve already reached 25% of within six weeks. This rapid pace indicates a strong conviction in Bitcoin’s potential as a store of value and future growth driver.

What particularly impresses me is the innovative approach Genius Group has taken to fund their Bitcoin purchases. Utilizing cash reserves, At-the-Market offerings, and a crypto-backed loan from Arch Lending demonstrates a deep understanding of the market and a willingness to think outside the box.

In my experience, companies that are proactive in adopting emerging technologies often reap significant rewards. If Genius Group can successfully execute their strategy and continue to grow their Bitcoin Treasury, they could set a powerful example for other companies considering similar moves.

Finally, I’d like to end with a light-hearted note: I remember when Bitcoin was worth less than a dollar – now look at it! Who would have thought that one day we’d be talking about multi-million dollar Bitcoin investments? It just goes to show you never know what the future holds in this ever-evolving digital world.

As a crypto investor, I’m thrilled to share that Genius Group Limited (NYSE American: GNS) has bolstered its Bitcoin reserves by an impressive $10 million, pushing the total Bitcoin holdings to approximately 319.4 BTC. This new addition values their Bitcoin stash at around $30 million. The exciting news was disclosed on December 30, 2024, as part of their strategic commitment – dubbed “Bitcoin-first” – which dedicates more than 90% of their reserves towards Bitcoin.

Genius Group Adds $10M in Bitcoin

As an analyst, I’m sharing an update: In just six weeks following the announcement of its new strategy on November 12, Genius Group has made significant strides towards its $120 million Bitcoin investment target. The recent purchase of another $10 million worth of Bitcoin brings their total holdings to 319.4 Bitcoins. This means they’ve acquired these digital assets at an average price of approximately $93,919 per Bitcoin.

As reported by the CEO of Genius Group, Roger Hamilton, the company has advanced more swiftly than expected in increasing its Bitcoin reserves, a development that pleases them greatly. Hamilton further stated, “We are exploring different strategies aimed at enhancing shareholder benefits while simultaneously growing our Bitcoin holdings.

The firm financed its Bitcoin acquisitions through various means, including drawing from its cash reserves, issuing At-the-Market (ATM) shares, and obtaining a $10 million loan from Arch Lending, a lending service specialized in cryptocurrencies.

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2024-12-30 19:37