AI company Genius Group increases its Bitcoin holdings by $1.8 million, raising its total to 172 BTC

PANews December 2 news, according to Globenewswire, artificial intelligence company Genius Group Limited (NYSE American: GNS) announced that it has added an additional $1.8 million to its Bitcoin treasury, bringing its total Bitcoin holdings to 172, with a total value of $15.8 million and an average net price of $92,006 per Bitcoin.

The company announced a '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.