Singapore-based Genius Group has raised its Bitcoin holdings to 200 BTC, with a target of reaching 1,000 BTC by the end of 2025. This move comes amid increasing institutional interest in Bitcoin and regulatory changes.
Increase in Bitcoin Holdings
Genius Group has doubled its Bitcoin holdings to 200 BTC, acquiring 20 BTC at an average price of $106,812. This decision is a significant step in their Bitcoin treasury expansion.
Strategy and Goals
The company aims to reach 1,000 BTC by the end of 2025 and 10,000 BTC within the next 24 months. CEO Roger James Hamilton emphasizes the importance of this strategy on platforms like Twitter and LinkedIn.
Market Influence and Future
This decision aligns with trends seen in other public companies acquiring Bitcoin as a strategic asset. The increase in holdings may influence future regulatory dynamics and the integration of cryptocurrencies into the company's educational models.
Genius Group's Bitcoin treasury expansion reflects a growing interest in digital assets and may impact future financial interactions within educational platforms.
