In a latest development, Genius Group Limited, an education company with a focus on AI and Bitcoin, has expanded its Bitcoin Treasury, purchasing an additional $5 million worth of Bitcoin. This acquisition increases the company’s total Bitcoin holdings to 372 units, valued at $35 million, at an average price of $94,047 per Bitcoin. 

Notably, this move is part of Genius Group’s Bitcoin-first strategy, which was first announced on November 12, aiming to invest 90% or more of its reserves in Bitcoin, targeting an initial amount of $120 million in the cryptocurrency.

Remarkably, the company’s progress in building its Bitcoin Treasury has outpaced its own schedule, reaching 30% of its initial target ahead of time. As of Thursday, the market value of its Bitcoin holdings matched its purchase price, with a market cap of $40.32 million and a BTC/Price ratio of 83%. This highlights the company’s strong commitment to its Bitcoin-first strategy.

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