Genius Group Limited Boosts Bitcoin Treasury to $35 Million
In a significant update, Genius Group Limited (GNS) has taken a major step forward in its strategic focus on Bitcoin and AI innovation. The company has increased its Bitcoin Treasury to a staggering $35 million, purchasing 372 Bitcoin at an average price of $94,047 each. This achievement marks 30% of its $120 million target, accomplished ahead of schedule.
Accelerating Growth with Bitcoin-Backed Loan Expansion
In addition to its Bitcoin Treasury growth, Genius Group has expanded its Bitcoin-backed loan to $14 million. This move demonstrates the company’s commitment to leveraging its Bitcoin assets to fuel further growth and development.
Founder Compensation Plan Aims for $1 Billion Market Cap
The company has also approved a Founder Compensation Plan, which sets its sights on achieving a $1 billion market cap and increasing the net asset value of its Bitcoin Treasury. This plan reflects Genius Group’s dedication to driving innovation and growth in the Bitcoin and AI spaces.
About Genius Group Limited
As a Bitcoin-first business, Genius Group provides AI-powered educational and acceleration solutions tailored to the future of work. With a global reach of over 5.4 million users across more than 100 countries, the company’s Genius City model and online digital marketplace offer AI training, tools, and talent for individuals, enterprises, and governments.
Key Performance Metrics
- YTD Price Performance: -1.54%
- Average Trading Volume: 6,301,382
- Technical Sentiment Consensus Rating: Buy
- Current Market Cap: $13.89M
For more insights into GNS stock, visit TipRanks’ Stock Analysis page.
Leave a Reply