Genius Group Limited (GNS) has released an update.
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Genius Group Limited has embarked on a bold “Bitcoin-first” strategy by purchasing 110 Bitcoin for $10 million, marking the beginning of a significant shift in its treasury reserves. The company plans to hold 90% or more of its reserves in Bitcoin, aiming for an initial target of $120 million. This move highlights the company’s commitment to integrating Bitcoin into its financial structure, potentially influencing other businesses to consider similar treasury strategies.
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