PANews reported on February 4 that according to Clobenewswire, artificial intelligence company Genius Group (NYSE American: GNS) announced that it has increased its Bitcoin vault purchases by an additional $2 million to 440 BTC, with a total value of $42 million and an average price of $95,519 per Bitcoin.
As of the market close on January 31, 2025, the company's 440 bitcoin asset reserves were valued at $46 million, based on the bitcoin price of $104,893 on that day. Based on the 68.8 million shares issued and the closing price of $0.48 per share on that day, the company's total market value was $33.1 million. Based on this calculation, the ratio of the company's bitcoin holdings to the company's market value reached 139%, equivalent to $139 in bitcoin assets for every $100 of the company's equity. It should be noted that this ratio will change in real time as the price of Bitcoin and the company's stock price fluctuate.
