Genius Group Limited announced on December 30, 2024, that it increased its Bitcoin purchases for its Bitcoin Treasury by an additional $10 million, bringing total holdings to 319.4 Bitcoin for $30 million. The average purchase price was $93,919 per Bitcoin.
This milestone was achieved within six weeks of the company's November 12 announcement of its 'Bitcoin-first' strategy, which targets $120 million in Bitcoin holdings. The company is ahead of schedule in reaching 25% of its initial target.
Genius Group reported a BTC Yield of 1,649% in Q4 2024, a new Key Performance Indicator adopted to assess the performance of its Bitcoin Treasury strategy. The company funded these purchases through a combination of reserves, its ATM, and a $10 million Bitcoin loan from Arch Lending.
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