TechFlow reports on January 21 that Genius Group (NYSE American: GNS), a publicly traded company in the U.S., announced it has increased its Bitcoin holdings to 420 BTC, with a total investment of $40 million, at an average purchase price of $95,912 per BTC.
The company completed this acquisition over the past three months, funding the purchases through corporate reserves, ATM financing, and $19 million in debt financing obtained from the crypto lending platform Arch Lending.
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