TechFlow news, November 21 — According to Globenewswire, artificial intelligence company Genius Group (NYSE American: GNS) announced it has added an additional $4 million in Bitcoin to its Bitcoin treasury, bringing the total to 153 bitcoins worth $14 million at an average price of $91,372 per bitcoin.
This latest $4 million Bitcoin purchase follows the company's announcement on November 12 of its "Bitcoin-first" strategy, which commits to holding 90% or more of its current and future reserves in Bitcoin, with an initial target of $120 million in Bitcoin holdings.
The company previously announced on November 18 the acquisition of its first $10 million in Bitcoin. This marks the second Bitcoin purchase by the company within two weeks since establishing its Bitcoin treasury.
Earlier in November, Genius Group announced it had purchased 110 bitcoins for $10 million.
