Investment in Bitcoin: Genius Group invested an additional 2,000,000 USD in Bitcoin, raising total holdings to 214 BTC. The average acquisition price stands at 93,586 USD per Bitcoin, reflecting a strong commitment to this digital asset.
Strategy and goals: The company’s ‘Bitcoin First’ strategy aims to prioritize Bitcoin reserves, intending to keep 90% of current and future reserves in this cryptocurrency. Genius Group targets achieving 120,000,000 USD in total Bitcoin holdings, underscoring its confidence.
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