AI firm Genius Group increases bitcoin holdings to 172
Artificial intelligence company Genius Group Limited (NYSE American: GNS) announced that it has increased its bitcoin vault of bitcoin purchases by an additional $1.80 million to 172 bitcoins, with a total value of $15.80 million and an average net price of $92,006 per bitcoin. The company announced its "Bitcoin First" strategy on Nov. 12, committing to hold 90 percent or more of its current and future reserves in bitcoin, with an initial target of $120 million in bitcoin, and purchased a total of $15.80 million worth of bitcoin in the three weeks since. (Globenewswire)