Genius Group's stock price rose 22.18% yesterday, achieving a 1,649% yield since its first Bitcoin purchase in November.

According to Yahoo Finance data, AI education company Genius Group (GNS) saw its stock price rise by 22.18% yesterday, to $0.77.
Genius Group reported that its net asset value grew by 177% in the first half of 2024, exceeding $54 million, surpassing its market value of over $40 million. The company also introduced BTC yield as a new performance metric, achieving a 1,649% yield since its first Bitcoin purchase in November. (CryptoBriefing)
Yesterday's news, Genius Group (NYSE American: GNS) announced that it has increased its Bitcoin purchase by an additional $10 million, bringing the total to 319.4 Bitcoins, with a total value of $30 million, at an average price of $93,919 per Bitcoin. The company announced its 'Bitcoin First' strategy on November 12, committing to hold 90% or more of its existing and future reserves in Bitcoin, with an initial target of $120 million. In the six weeks following, the company has purchased $30 million worth of Bitcoin.