CoinVoice has recently learned that Genius Group (NYSE American: GNS), an artificial intelligence company, announced it has increased its Bitcoin holdings in its Bitcoin vault by an additional $4 million, bringing the total to 153 Bitcoins, with a total value of $14 million, at an average price of $91,372 per Bitcoin.
The additional purchase of $4 million worth of Bitcoin was made after the company announced its 'Bitcoin First' strategy on November 12, which commits to holding 90% or more of its current and future reserves in Bitcoin, with an initial target of $120 million in Bitcoin. This purchase is the second Bitcoin purchase by the company within two weeks since establishing its Bitcoin vault, with the first purchase announced on November 18 for $10 million worth of Bitcoin. [Original link]