Genius Group Re-Initiates Bitcoin Reserve Expansion Following Court Victory

Following a recent court ruling that lifted an injunction previously placed on the company’s Bitcoin reserve expansion efforts, Genius Group, an AI education platform listed on NYSE American under the ticker GNS, has resumed its efforts to build a Bitcoin reserve. The company recently added 24.5 BTC to its holdings, increasing its total Bitcoin reserves to 85.5 BTC for a cost of $8.5 million and averaging at $99,700 per Bitcoin. This represents a 40% increase in their Bitcoin holdings. 85.5 BTC is a significant step forward as Genius Group aims to achieve its target of 1,000 BTC by November 2024.