Genius Group has reported a significant increase in its Bitcoin holdings as a result of overcoming legal challenges.
Increase in Bitcoin Holdings
Genius Group increased its corporate Bitcoin treasury from 66 BTC to 100 BTC, adding 34 BTC valued at approximately $3.42 million, bringing the total value of its holdings to $10.06 million at an average purchase price of $100,600 per Bitcoin.
Legal Hurdles and Recovery
This move follows a May 6 ruling by the US Court of Appeals that lifted restrictions that had temporarily blocked the company from acquiring additional Bitcoin due to a legal dispute tied to its merger with FatBrain AI. The company resumed its BTC accumulation on May 22 with a $2.7 million investment. CEO Roger Hamilton remarked that reaching the 100 Bitcoin milestone is a significant step towards their 1,000 Bitcoin goal.
Genius Group's Stock Dynamics
Genius Group's share price fell sharply in 2025, dropping 68% from highs above $0.70 in early January to a low near $0.22 in April. However, in recent weeks, the stock has shown signs of recovery, trading at $0.36 as of June 17, indicating renewed investor confidence following the court ruling.
Thus, Genius Group is demonstrating confidence in Bitcoin, restoring its assets after a tumultuous legal experience and showing signs of stock recovery.
