Genius Group Limited, an AI firm, saw its shares skyrocket by 66% after announcing a bold "Bitcoin-first" strategy. The company plans to hold 90% of its reserves in Bitcoin, starting with a $150 million offering to acquire $120 million in BTC. Genius Group will also enable Bitcoin payments on its EdTech platform and launch a Web3 education series. This move aligns with MicroStrategy's approach, which has inspired other firms like Semler Scientific and Metaplanet to invest heavily in Bitcoin. Genius Group aims to leverage Bitcoin as a key asset for future technologies.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.