Express

Genius Group Increases Bitcoin Reserves to 148 Coins with Purchase of 28 BTC

Summary: According to reports from GlobeNewswire, 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 US Court of Appeals lifted the preliminary injunction prohibiting the company from buying bitcoins on May ...

According to reports from GlobeNewswire, 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 US Court of Appeals lifted the preliminary injunction prohibiting the company from buying bitcoins on May 22, Genius Group has achieved a 113% return on bitcoin, doubling its per-share bitcoin holdings in the past six weeks.

The company has also significantly raised its bitcoin reserve target from 1,000 coins to 10,000 coins, with plans to achieve this goal in the next 12 to 24 months.

Last Update:

Tags:
Link: Genius Group Increases Bitcoin Reserves to 148 Coins with Purchase of 28 BTC [Copy]

Last: Market Speculates Trump Administration Intends to Weaken US Dollar

Next: Suspected Arthapala Address Recharges 6570 ETH to Exchange in Past 5 Hours, Worth Approximately $16.77 Million

Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 2 days ago

When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 4 days ago

Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 5 days ago

BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 6 days ago

The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 8 days ago