Genius Group increased its holdings of Bitcoin worth $1.8 million, raising its total to 172 BTC

ChainCatcher news, according to GlobeNewswire, the artificial intelligence company Genius Group Limited (NYSE American: GNS) announced that it has increased its Bitcoin purchases for its Bitcoin treasury by an additional $1.8 million, bringing the total to 172 Bitcoins, with a total value of $15.8 million and an average net price of $92,006 per Bitcoin.

The company announced its "Bitcoin First" strategy on November 12, committing to hold 90% or more of its current and future reserves in Bitcoin, with an initial target of $120 million in Bitcoin, and purchased a total of $15.8 million worth of Bitcoin over the following three weeks.