ChainCatcher news, according to GlobeNewswire, the artificial intelligence company Genius Group (NYSE American: GNS) has announced that it has increased its Bitcoin holdings 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 holding 90% or more of its existing and future reserves in Bitcoin, with an initial target of $120 million. In the following six weeks, the company purchased $30 million worth of Bitcoin.