PANews reported on December 2 that according to Globenewswire, artificial intelligence company Genius Group Limited (NYSE American: GNS) announced that it has increased its Bitcoin vault purchases by an additional US$1.8 million to 172 bitcoins, with a total value of US$15.8 million and an average net price of US$92,006 per Bitcoin.

The company announced its “Bitcoin First” strategy on November 12, pledging to hold 90% or more of its current and future reserves in Bitcoin, with an initial target of $120 million in Bitcoin. It has since purchased a total of $15.8 million worth of Bitcoin in the three weeks since then.