TechFlow news — On December 9, NYSE-listed Genius Group (NYSE American: GNS) announced an additional purchase of $2.2 million worth of bitcoin, bringing its total bitcoin holdings to 191 BTC, with a cumulative investment of $18 million and an average acquisition price of $92,728 per BTC.
The company announced its "Bitcoin-first" strategy on November 12, committing over 90% of its current and future treasury reserves to bitcoin, with an initial target of $120 million. Within four weeks following its initial $10 million bitcoin investment, the company has been increasing its holdings at an average rate of $2 million per week.
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