Guess what? Genius Group just splurged another $2 million on Bitcoin, racking up a whopping 440 BTC 🤑!
Breaking news from Genius Group Limited, the AI-powered education whiz-kids who have a serious thing for Bitcoin. They’ve decided to double down on their crypto bet, shelling out an extra $2 million for more Bitcoin. That’s right, they now hold 440 Bitcoins in their treasure chest, which at current prices, is worth a cool $42 million. Each coin is sitting pretty at an average price of $95,519. Talk about a golden ticket! 🎟️💰
Fast forward to January 31, 2025, and the Bitcoin Treasury is looking mighty fine at the market close. With Bitcoin trading at $104,893, the 440 Bitcoins in Genius Group’s possession have ballooned to a market value of $46 million. It’s a crypto jackpot! And here’s the cherry on top – the growth in Bitcoin holdings has been on a steady rise in the past few months. 🍒📈
On the same day, Genius Group’s market cap stood at $33.1 million, with 68.8 million shares issued and a closing share price of $0.48. The Bitcoin Treasury is now a major player in the company’s total worth, boasting a BTC-to-price ratio of 139%. Yes, you read that right. For every $100 in equity, there’s $139 in Bitcoin. It’s like finding a golden egg in every nest. 🥚✨
Genius Group: Betting on Bitcoin for the Long Haul 🏃♂️🏃♀️
The BTC/Price ratio is the key metric that shows how much Genius Group loves Bitcoin. It’s calculated by dividing the market value of the Bitcoin Treasury by the company’s market cap. But beware, it’s a rollercoaster ride with the Bitcoin price and the company’s share price swinging like a pendulum. 🎢📉📈
Genius Group isn’t new to this game. They already pumped $5 million into their Bitcoin Treasury earlier in January. The firm is all in, betting big on Bitcoin and planning to integrate it into their broader financial strategy. It’s a bold move, but one that could pay off big time. 🎲💸
And let’s not forget, all this Bitcoin business is part of their grand plan to enhance their education offerings using AI. Genius Group is positioning itself as a leader in the Bitcoin and education space, riding the wave of Bitcoin adoption by businesses and individuals. This strategy is paying dividends as the company cements its place in the digital economy. 📈💻
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2025-02-05 21:28