PANews reported on November 19 that according to GlobeNewswire, Genius Group (NYSE American: GNS) announced that it has completed its first Bitcoin purchase, purchasing 110 Bitcoins for $10 million, with an average price of $90,932 per Bitcoin. This is the first step in the company's "Bitcoin First" strategy, which plans to invest more than 90% of existing and future reserves in Bitcoin, with a total target of $120 million . CEO Roger Hamilton said that the company is following Microstrategy's Bitcoin reserve strategy and plans to provide relevant guidance to companies through podcasts. The podcast will be held at 10 pm Beijing time on November 19, focusing on the future of Bitcoin and legal currency, the combination of AI and blockchain, and other topics, aiming to provide practical solutions for companies considering Bitcoin as a reserve asset.
Genius Group announced that it has purchased 110 Bitcoins for $10 million
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