Genius Group purchased an additional $5 million in Bitcoin, increasing its reserves to a total of 420

PANews reported on January 21 that according to the announcement of Genius Group, the company has increased its Bitcoin reserves to a total of 420, with a total value of US$40 million, and an average purchase price of US$95,912 per Bitcoin. This increase includes a recent additional US$5 million, which is in line with the company's "Bitcoin-first" strategy announced in November 2024, which is to invest more than 90% of current and future reserves in Bitcoin and set an initial target of US$1.2 billion. So far, the company has completed the purchase through reserve funds, ATM financing tools, and a US$19 million crypto loan with Arch Lending.

Genius Group is an AI-driven education company with Bitcoin at its core, providing personalized education and AI solutions to over 5.4 million users worldwide.

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Author: PA一线

This content is for market information only and is not investment advice.

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