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Genius Group spends $10 million to buy 110 BTC and officially establishes Bitcoin reserves
2024-11-19 06:14
Odaily News Publicly listed Genius Group Limited (NYSE: GNS) announced that it has spent $10 million to buy 110 BTC at an average price of $90,932. The purchase marks the company's official establishment of a Bitcoin reserve. The purchase follows the company's announcement of a "Bitcoin First" strategy on November 12, which pledged to hold 90% or more of existing and future reserves in Bitcoin, with an initial goal of holding $120 million in Bitcoin. (GlobeNewswire)
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