Genius Group Doubles Down on Bitcoin Holdings, Acquires 24.5 BTC

Singaporean firm Genius Group bolsters its cryptocurrency portfolio by purchasing an additional 24.5 bitcoins, bringing their total holdings to 85.5 BTC. The move follows a favorable ruling from the U.S. Court of Appeals that allowed the company to engage in Bitcoin transactions again. This strategic purchase reflects Genius Group’s commitment to a fully-Bitcoin-focused strategy, similar to leading companies like MicroStrategy and Tesla. CEO Roger James Hamilton aims to build a treasury of 1,000 BTC as part of their long-term crypto asset diversification plan. The acquisition aligns with Genius Group’s previous statements about expanding their digital currency holdings, highlighting a growing trend in the market for structured Bitcoin investment strategies.