Genius Group's Bitcoin Bet: $46M Treasury Surpasses Market Cap

Generated by AI AgentCoin World
Tuesday, Feb 4, 2025 3:33 am ET1min read
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Singapore-based AI and education company Genius Group has seen its Bitcoin (BTC) holdings surge in value, surpassing its own market capitalization. The company announced on February 3 that it had increased its Bitcoin reserves to 440 BTC, with an additional $2 million in purchases.

Genius Group has spent a total of $42 million on Bitcoin, with an average purchase price of $95,519 per BTC. As of January 31, Bitcoin was trading at $104,893, making the company's Bitcoin treasury worth $46 million. Meanwhile, Genius Group's market cap stands at $33.1 million. This means that each $100 in Genius stock technically holds $139 in Bitcoin.

The company's Bitcoin-to-Price ratio is now 139%, calculated by dividing the market value of its Bitcoin treasury by its market cap. This ratio indicates that, as of January 31, 2025, $100 of the company's equity includes $139 in Bitcoin in its Bitcoin treasury.

Genius Group's latest Bitcoin purchase follows a previous $5 million acquisition made weeks ago. The firm has been actively accumulating BTC as part of its "Bitcoin-first" strategy. Over the past three months, it has invested $40 million in Bitcoin and plans to increase this amount to $120 million using reserves, an ATM facility, and $19 million in crypto-backed loans from Arch Lending.

Genius Group is emulating the strategy of MicroStrategy, the largest corporate Bitcoin holder. Thomas Power, a director of Genius Group, believes that by adopting a Bitcoin-first approach, the company will be among the first NYSE American-listed companies to fully embrace MicroStrategy's Bitcoin strategy for the benefit of its shareholders.

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