Genius Group buys an additional $2.20 million worth of Bitcoin, increasing its position to 191 BTC
According to Globenewswire, artificial intelligence company Genius Group (NYSE American: GNS) announced that it has increased the number of bitcoin purchases in its bitcoin vault by an additional $2.20 million to 191, with a total value of $18 million and an average price of $92,728 per bitcoin.
The company announced its "bitcoin first" strategy on Nov. 12, promising that 90 percent or more of its current and future reserves would be held in bitcoin, with an initial target of $120 million in bitcoin.