Genius Group Announces Resumption of Bitcoin Treasury Purchases, Acquires 10 BTC After Six-Month Hiatus
Source：
www.globenewswire.com
As reported by Globenewswire, US-listed public company Genius Group has announced the resumption of its bitcoin treasury acquisition program. After liquidating its bitcoin reserves in April this year, the company purchased 10 bitcoins for approximately $854,000 between Oct. 2 and 5, at an average price of $85,364 per bitcoin. This acquisition is part of its execution of a $1.2 billion "dual-treasury" capital plan, which aims to allocate $827 million to bitcoin and $800 million to AI assets, with plans to increase its total assets to $2 billion by fiscal year 2031.
