ChainCatcher news, according to GlobeNewswire, artificial intelligence company Genius Group Limited (NYSE American: GNS) has announced an additional increase of $1.8 million in its Bitcoin purchases, bringing the total to 172 Bitcoins, with a total value of $15.8 million, at an average net price of $92,006 per Bitcoin.

The company announced its "Bitcoin-first" strategy on November 12, committing to hold 90% or more of its current and future reserves in Bitcoin, with an initial target of $120 million in Bitcoin, and has since purchased $15.8 million worth of Bitcoin over the next three weeks.