PANews reported on December 30 that according to Globenewswire, artificial intelligence company Genius Group (NYSE American: GNS) announced that it has increased its Bitcoin vault purchases by an additional US$10 million to 319.4 bitcoins, with a total value of US$30 million and an average price of US$93,919 per bitcoin.

The company announced its “Bitcoin First” strategy on November 12, pledging to hold 90% or more of its existing and future reserves in Bitcoin, with an initial target of $120 million. In the six weeks since then, the company has purchased $30 million worth of Bitcoin.