Genius Group has restarted Bitcoin acquisitions following a favorable ruling from a US court, which had previously imposed a ban on the company’s activities.
The firm increased its Bitcoin treasury by 40% through a purchase of 24.5 BTC, equating to approximately 2.7 million USD, resulting in total holdings of 85.5 BTC valued around 8.5 million USD.
CEO Roger Hamilton emphasized the company’s aim to rebuild shareholder value. Genius Group’s strategy aligns with MicroStrategy’s approach to accumulating Bitcoin for their treasury.
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