Artificial intelligence company Genius Group (ticker: GNS) announced that it has increased the purchase of its bitcoin reserves by an additional $10 million to 319.4 bitcoins, with a total value of $30 million and an average price of $93,919 per bitcoin. The company announced its "Bitcoin First" strategy on Nov. 12, promising to hold 90% or more of its existing and future reserves in bitcoin with an initial target of $120 million. Within six weeks, the company has purchased $30 million worth of bitcoin.