Public company Genius Group Limited (NYSE: GNS) announced that it has spent $10 million to purchase 110 BTC at an average price of $90,932. This purchase marks the official establishment of the company's Bitcoin reserves. This purchase follows the company's announcement of a 'Bitcoin First' strategy on November 12, which commits to holding 90% or more of existing and future reserves in Bitcoin, with an initial goal of holding $120 million in Bitcoin. (GlobeNewswire)