Cryptocurrency

Genius Group Boosts Bitcoin Holdings with $10 Million Acquisition

Strategic Expansion of Bitcoin Holdings

In a significant move, Genius Group Limited, a pioneering force in AI-driven, Bitcoin-centric education, has recently increased its Bitcoin Treasury by securing an additional $10 million worth of Bitcoin. This acquisition boosts the company’s total Bitcoin holdings to 319.4, with a valuation of $30 million. The average purchase price stands at $93,919 per Bitcoin.

Commitment to a Bitcoin-First Strategy

Genius Group Limited has exhibited a strong commitment to its “Bitcoin-first” strategy, having invested $30 million in Bitcoin within just six weeks of announcing this innovative approach. The company plans to maintain at least 90% of its current and future reserves in Bitcoin, with an ambitious initial target of $120 million. Impressively, they have already achieved 25% of this target ahead of schedule.

Introducing BTC Yield as a Performance Metric

To gauge the success of its Bitcoin Treasury strategy, Genius Group has introduced BTC Yield as a Key Performance Indicator (KPI). This strategic decision aims to enhance shareholder value and provides a benchmark for comparing the company’s performance with other organizations that have adopted the Bitcoin Standard. By prioritizing BTC Yield, Genius Group underscores its commitment to maximizing the benefits of its Bitcoin investments.

Stay Informed and Share This Insight!

Stay connected with the latest developments in the crypto world and share this insightful update with your network. Genius Group Limited’s strategic moves in the Bitcoin space serve as a compelling example of innovation and forward-thinking in the educational sector.

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