Genius Group’s Bitcoin Holdings Rise to 372 BTC With New $5 Million Purchase
Discover how Genius Group’s latest $5M Bitcoin purchase aligns with its “Bitcoin First” strategy, increasing its holdings to 372 BTC and advancing its $120M target.
Genius Group Makes Progress Toward $120 Million Bitcoin Goal
Genius Group, a pioneering AI-based educational technology company, has expanded its Bitcoin treasury with a $5 million purchase. This acquisition increases the company’s total Bitcoin holdings to 372 BTC, with an average acquisition price of $94,047 and an estimated total value of $35 million.
Commitment to the “Bitcoin First” Strategy
In November 2024, Genius Group announced its bold commitment to allocate 90% or more of its reserves to Bitcoin, targeting $120 million worth of holdings. Within just two months of launching this initiative, the company has already amassed $35 million in BTC, demonstrating swift progress toward its ambitious goal.
Market Position and BTC-to-Price Ratio
Genius Group’s market capitalization currently stands at $42 million, based on 66 million issued shares and a share price of $0.64 as of January 9, 2025. This places its Bitcoin-to-price ratio at an impressive 83%, reflecting the company’s strong alignment with cryptocurrency as a cornerstone of its financial strategy.
Leveraging Crypto-Backed Loans
To support its strategy, Genius Group has increased its Bitcoin-backed loans from $10 million to $14 million via the crypto lending platform Arch Lending. This brings its loan-to-value ratio to 40%, highlighting the company’s strategic use of crypto-financing to bolster its Bitcoin holdings while maintaining financial flexibility.
Following the Lead of Crypto Pioneers
With its decision to prioritize Bitcoin in its reserves, Genius Group joins the ranks of companies like MicroStrategy, Semler Scientific, and Metaplanet, which have also embraced significant Bitcoin holdings as part of their long-term strategies. This trend underscores the growing confidence among forward-thinking firms in Bitcoin’s role as a reliable store of value and a hedge against fiat currency volatility.
The Road Ahead
Genius Group’s aggressive “Bitcoin First” approach signals a significant shift in corporate treasury management within the tech sector. As it moves closer to its $120 million target, the company is poised to solidify its reputation as a leader in integrating cryptocurrency into its financial strategy, leveraging Bitcoin’s potential to enhance long-term value and resilience.
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