Genius Group purchased 28 BTC, increasing its Bitcoin reserves to 148 coins.

ChainCatcher

2025-07-08 12:20:43

BTC-0,07%

According to ChainCatcher news, GlobeNewswire reported that Genius Group Limited (NYSE American: GNS) announced today that it has purchased 28 Bitcoins at an average price of $102,858 on July 7, increasing its Bitcoin reserves by 23% to 148 coins. Since the U.S. Appeals Court lifted the preliminary injunction prohibiting the company from purchasing Bitcoin on May 22, Genius Group has achieved a 113% return on Bitcoin, doubling its per-share Bitcoin holdings over the past six weeks. The company has significantly raised its Bitcoin reserve target from 1,000 coins to 10,000 coins, planning to achieve this goal within the next 12 to 24 months.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments