Genius Group, an AI-based education company, has reached a new milestone by increasing its Bitcoin assets to 100. The resumption of acquisitions follows a favorable court ruling.
Genius Group Resumes Bitcoin Accumulation
Genius Group resumed Bitcoin purchases following a favorable US Court of Appeals ruling on May 6, 2025, lifting previous restrictions on the company’s cryptocurrency accumulation activities. Previously, the Singapore-based AI education firm was legally barred from purchasing Bitcoin due to a preliminary injunction issued by a New York District court on March 13.
Company Reaches 100 Bitcoin Milestone
Genius Group acquired 34 Bitcoins in the last month, increasing its Bitcoin treasury by 52% to hit the 100 Bitcoin milestone. The company's total Bitcoin investment is currently $10.06 million, with an average purchasing price of $100,600 per Bitcoin.
Future Strategy of the Company
The company renewed its Bitcoin acquisition strategy on May 22 with a $2.7 million Bitcoin investment announcement. Genius Group aims to accumulate 1,000 Bitcoins, continuing its strategy of integrating cryptocurrency into its business model.
Reaching the 100 Bitcoin milestone marks significant progress toward the company's goal of accumulating 1,000 Bitcoins for its corporate treasury, reinforcing its market position.