Genius Group Limited announced it has expanded its Bitcoin holdings by $10 million, reaching a total of 319.4 BTC. The company aims for a long-term goal of acquiring 1,000 Bitcoin. This strategic expansion led to an 11% increase in stock value.
In the first half of 2024, Genius Group’s net asset value surged by 177%, reaching over $54 million. This significant growth was achieved while maintaining a market cap of over $40 million, underscoring the company’s strong performance strategy and emphasis on Bitcoin investments.
By the end of December, Genius Group’s Bitcoin Treasury was valued at approximately $30.4 million, with Bitcoin priced at $95,060. The BTC/Price ratio was 75%, reflecting the firm’s commitment to aligning its performance with Bitcoin’s asset value and yield.
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