Genius Group made BTC its primary reserve asset
November 18, 2024
Following in the footsteps of companies like MicroStrategy, Genius Group plans to store 90% of its reserves in Bitcoin. An investment of $120 million was made, equivalent to approximately 1,380 BTC.
The management is confident that blockchain technologies will help align stock prices with underlying assets.
Stock growth
Over the past week, the organization’s stock value has risen by more than 61%, reflecting the market’s positive reaction to the new strategy.
Cryptocurrency future in education
In addition to the Bitcoin reserve, the organization plans to introduce BTC payments on its EdTech platform and launch the educational cycle "Web3 Wealth Renaissance."
Students will dive into studying BTC, blockchain, and cryptocurrencies using modern AI tools.
This approach creates a unique niche for the organization, combining traditional finance and decentralized economy.