🚀 Big move in the crypto world! Singapore-based AI company Genius Group is committing 90% of its reserves to Bitcoin. Following a board shake-up to include crypto experts, they're diving into BTC with an initial $120 million investment.
- Genius Group plans to hold 1,380 BTC long-term and enable Bitcoin payments on its Edtech platform.
- This mirrors the strategy of MicroStrategy, which holds a whopping 279,420 BTC.
- Genius Group's shares saw a 50% premarket surge, settling 10% higher.
What do you think of companies using Bitcoin as a treasury asset? Share your thoughts in the comments! 💬