In a strategic move towards becoming a “Bitcoin-centric” entity, Genius Group has amplified its Bitcoin reserves to an impressive $35 million. The ultimate goal? To escalate this figure to a monumental $1 billion.
Leading AI-education firm, Genius Group, has revealed that it has boosted its Bitcoin investments. In addition, the company added an additional $5 million to their Bitcoin reserves, bringing the total to 372 Bitcoins, currently valued at approximately $35 million. On average, they spent around $94,047 per Bitcoin for these purchases.
The announcement was made a day following the company’s unveiling of its ‘Bitcoin-first’ strategy on November 12, 2024. Genius Group pledged to hold at least 90% of their reserves in Bitcoin, aiming for a total of $120 million worth. Surprisingly, this latest acquisition has already propelled the company to own 30% of its target amount, achieving this milestone earlier than expected.
On Thursday, January 9, 2025, I found that our company’s Bitcoin Treasury was valued at approximately $35 million in the cryptocurrency market. At this point in time, our company had a total market capitalization of $42 million and a total issued share count of 66 million. The Bitcoin/price ratio, which is calculated by dividing the market value of the Bitcoin Treasury by the company’s market cap, stood at 83%, making the ratio 0.64 in this case. This means that for every dollar of our company’s total market capitalization, approximately 64 cents were represented by the Bitcoin Treasury.
Genius Group Plans $1 Billion Bitcoin Treasury Goal
In addition to their Bitcoin assets, Genius Group has increased their Bitcoin-secured loan through Arch Lending. This year, the loan amount grew from $10 million in 2009 to $14 million, resulting in a Loan-to-Value ratio of 40%.
Furthermore, another large corporation, MicroStrategy, recently acquired Bitcoins on January 6, 2025. The company purchased a total of 1,070 Bitcoins for approximately $101 million. This action suggests that companies are increasingly incorporating Bitcoin into their financial holdings.
As a researcher, I’d like to highlight that the Genius Group has devised a compensation package for its founder and CEO, Roger Hamilton. This plan is contingent on reaching a market capitalization of $1 billion within a decade, which they aim to achieve by setting milestones. In line with this strategy, the company intends to expand its Bitcoin reserves to amass a net asset value of $1 billion.
As a researcher, I’m excited about our company’s vision for expanding blockchain education as part of our ‘Bitcoin First’ strategy. Our focus is squarely on Bitcoin and blockchain technologies, which we see as key drivers of growth for Genius Group in the future. We plan to continue investing in Bitcoin, confident that its value will endure over the long term. We recognize that by making strategic decisions in this area, we can build a robust foundation for both education and finance in the years ahead.
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2025-01-13 12:47