Genius Group, a Singapore-based synthetic intelligence schooling firm, expanded its company Bitcoin treasury by greater than 50% amid growing institutional adoption of the world’s first cryptocurrency.
Regardless of a earlier ban on the Nasdaq-listed agency’s company accumulation, Genius Group elevated its Bitcoin (BTC) treasury by 52%, buying an extra 34 BTC in the course of the previous month.
This brings the agency’s company holdings to 100 BTC, bought for a complete of over $10 million at a median value of $100,600 per Bitcoin, based on a Monday announcement.
The acquisitions are a part of the AI agency’s technique to amass 1,000 BTC for its company treasury.
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Geniuys Group resumed its Bitcoin accumulation on Might 22, when it introduced a $2.7 million BTC funding, after receiving a positive ruling by the US Court docket of Appeals in opposition to its earlier Bitcoin funding ban.
On March 13, a New York District courtroom issued a preliminary injunction (PI) and short-term restraining order (TRO) a few dispute surrounding Genius Group’s merger with Fatbrain AI, which additionally barred the agency from shopping for extra Bitcoin.
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Genius Group among the many ‘first’ Bitcoin Treasury corporations ‘legally prevented’ from shopping for BTC: CEO
“We launched our Bitcoin Treasury in November 2025, and imagine we had been one of many first Bitcoin Treasury corporations on the New York Inventory Alternate (NYSE) American,” wrote Roger Hamilton, CEO of Genius Group, including:
“We additionally imagine that subsequent to our announcement, we had been one of many solely corporations legally prevented from shopping for Bitcoin by a US courtroom.”
Hamilton added that he’s “happy to have regained the proper to handle our firm’s capital in the best way our Board and shareholders see match,” reiterating the agency’s purpose of amassing 1,000 BTC.
More and more, extra corporations are adopting Bitcoin as a reserve asset for his or her company methods. On June 13, online game big GameStop upsized its non-public convertible observe providing to $2.25 billion, signaling a deeper dedication to its Bitcoin treasury.
The financing spherical comes two weeks after GameStop announced the purchase of 4,710 Bitcoin valued at about $513 million on Might 28, making the agency the eleventh largest company BTC holder, Bitbo knowledge reveals.
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