PANews November 19 news, according to GlobeNewswire, Genius Group (NYSE American: GNS) announced that it has completed its first Bitcoin purchase, buying 110 Bitcoins for $10 million, at an average price of $90,932 per Bitcoin. This is the first step in the company's 'Bitcoin First' strategy, which plans to invest more than 90% of its existing and future reserves into Bitcoin, with a total target of $120 million. CEO Roger Hamilton stated that the company is following Microstrategy's Bitcoin reserve strategy and plans to provide relevant guidance for businesses through a podcast. The podcast will take place on November 19 at 10 PM Beijing time, focusing on topics such as the future of Bitcoin and fiat currency, the combination of AI and blockchain, aiming to provide practical solutions for businesses considering Bitcoin as a reserve asset.
