PANews reported on December 10 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$2.2 million to 191 coins, with a total value of US$18 million and an average price of US$92,728 per Bitcoin.

The company announced its “Bitcoin First” strategy on Nov. 12, pledging that 90% or more of its current and future reserves will be held in Bitcoin, with an initial target of $120 million in Bitcoin.