Genius Group purchased 28 BTC, increasing its Bitcoin reserves to 148 coins

2025-07-08 20:20:43

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ChainCatcher news, according to GlobeNewswire, Genius Group Limited (NYSE American: GNS) announced today that it purchased 28 bitcoins at an average price of $102,858 on July 7, increasing its bitcoin reserves by 23% to 148 bitcoins.

Since the U.S. Court of Appeals lifted the preliminary injunction prohibiting the company from purchasing bitcoins on May 22, Genius Group has achieved a 113% bitcoin return, more than doubling its bitcoin holdings per share over the past six weeks.

The company has also significantly raised its bitcoin reserve target from 1,000 bitcoins to 10,000 bitcoins, planning to achieve this goal within the next 12 to 24 months.

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