Genius Group, a Singapore-based synthetic intelligence schooling firm, expanded its company Bitcoin treasury by greater than 50% amid rising institutional adoption of the world’s first cryptocurrency.
Regardless of a earlier ban on the Nasdaq-listed agency’s company accumulation, Genius Group elevated its Bitcoin (BTC) treasury by 52%, buying an extra 34 BTC in the course of the previous month.
This brings the agency’s company holdings to 100 BTC, bought for a complete of over $10 million at a median value of $100,600 per Bitcoin, based on a Monday announcement.
The acquisitions are a part of the AI agency’s technique to accumulate 1,000 BTC for its company treasury.
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Geniuys Group resumed its Bitcoin accumulation on Might 22, when it introduced a $2.7 million BTC funding, after receiving a good ruling by the US Courtroom of Appeals in opposition to its earlier Bitcoin funding ban.
On March 13, a New York District courtroom issued a preliminary injunction (PI) and short-term restraining order (TRO) a couple of dispute surrounding Genius Group’s merger with Fatbrain AI, which additionally barred the agency from shopping for extra Bitcoin.
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Genius Group among the many “first” Bitcoin Treasury companies “legally prevented” from shopping for BTC: CEO
“We launched our Bitcoin Treasury in November 2025, and consider we have been one of many first Bitcoin Treasury corporations on the New York Inventory Change (NYSE) American,” wrote Roger Hamilton, CEO of Genius Group, including:
“We additionally consider that subsequent to our announcement, we have been one of many solely corporations legally prevented from shopping for Bitcoin by a US courtroom.”
Hamilton added that he’s “happy to have regained the precise to handle our firm’s capital in the best way our Board and shareholders see match,” reiterating the agency’s objective of amassing 1,000 BTC.
More and more, extra corporations are adopting Bitcoin as a reserve asset for his or her company methods. On June 13, online game large GameStop upsized its personal convertible word providing to $2.25 billion, signaling a deeper dedication to its Bitcoin treasury.
The financing spherical comes two weeks after GameStop introduced the acquisition of 4,710 Bitcoin valued at about $513 million on Might 28, making the agency the eleventh largest company BTC holder, Bitbo information exhibits.
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