Genius Group purchased an additional $2 million worth of Bitcoin, increasing its holdings to 214 BTC
ChainCatcher news, according to Globenewswire, the artificial intelligence company Genius Group (NYSE American: GNS) announced that it has increased its Bitcoin purchases for its Bitcoin treasury by an additional $2 million, bringing the total to 214 BTC, with a total value of $20 million, at an average price of $93,586 per Bitcoin.
The company announced its "Bitcoin First" strategy on November 12, committing that 90% or more of its current and future reserves will be held in Bitcoin, with an initial target of $120 million in Bitcoin.
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