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Genius Group Boosts Bitcoin Holdings to $42M
Generated by AI AgentCoin World
Monday, Feb 3, 2025 11:30 pm ET1min read
Artificial Intelligence company Genius Group has added a purchase of $2 million worth of Bitcoin, increasing its reserves to a total of 440 coins.
Genius Group, a prominent AI company listed on the NYSE American under the ticker GNS, has strategically bolstered its Bitcoin treasury by an additional $2 million. This move enhances the company’s holdings to a total of 440 BTC, now valued at approximately $42 million. The acquisition was executed at an average price of $95,519 per Bitcoin, reflecting a calculated approach to digital asset investment.
Bitcoin continues to demonstrate resilience in the market, and such strategic investments by established firms indicate growing confidence in the cryptocurrency landscape. As more companies diversify their assets to include cryptocurrencies, the implications for the overall market become more significant. Investors and stakeholders should closely monitor these developments, as they may signal emerging trends within the crypto space.
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