Genius Group Expands Bitcoin Treasury to $35 Million

Genius Group Expands Bitcoin Treasury to $35 Million

Genius Group Limited, an AI-powered education company based in Singapore, has made significant strides in its Bitcoin investment strategy. The company’s latest purchase has brought its total Bitcoin holdings to 372 BTC, valued at $35 million as of January 9.

This milestone surpasses the company’s initial target ahead of schedule, with a long-term goal of accumulating $120 million in Bitcoin holdings. The recent purchase of $5 million worth of Bitcoin reflects the company’s commitment to its “Bitcoin-first” strategy, announced in early November.

Bitcoin Holdings and Market Capitalization

Genius Group’s Bitcoin Treasury is now valued at $35 million, with an average acquisition price of $94,047 per Bitcoin. The company’s market capitalization stands at $42 million, resulting in a BTC-to-price ratio of 83%.

Strategic Loan to Enhance Bitcoin Holdings

To further grow its Bitcoin Treasury, Genius Group has increased its loan with Arch Lending from $10 million to $14 million. This strategic move maintains a loan-to-value ratio of 40%, allowing the company to fund its reserves without selling Bitcoin. This approach aligns with Genius Group’s strategy of allocating 90% or more of its reserves to Bitcoin.

CEO’s Perspective on Bitcoin Investment

According to CEO Roger Hamilton, Genius Group views Bitcoin as a crucial component of its financial strategy. He compares the company’s approach to that of other publicly traded firms that have adopted Bitcoin as a reserve asset, emphasizing its potential as a “store of value” in the digital economy.

Genius Group’s “Bitcoin-first” strategy is closely tied to its broader plans to integrate blockchain technology into its AI-powered educational platforms. The company aims to implement on-chain certifications and reward systems using Bitcoin’s Lightning Network.

Tips for Investing in Bitcoin

For those interested in investing in Bitcoin, here are some key takeaways:

• Research and understand the company’s investment strategy and goals.
• Consider the potential risks and benefits of investing in Bitcoin.
• Stay informed about market trends and developments in the cryptocurrency space.

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