Genius Group Expands Bitcoin Treasury
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•Just In; Genius Group Adds $10M in Bitcoin As Part of Treasury Strategy
69% Informative
Genius Group Limited (NYSE American: GNS) has increased its Bitcoin Treasury by $10 million , bringing its total Bitcoin holdings to 319.4 BTC, valued at $30 million .
The company made the announcement on December 30, 2024 , as part of its “Bitcoin-first” strategy, which commits over 90% of its reserves to Bitcoin .
To fund its Bitcoin purchases, the company used a combination of cash reserves, At-the-Market ( ATM ) offerings, and a $ 10 M loan from Arch Lending , a crypto-backed loan platform.
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