Genius Group has decided to shift its strategy by making Bitcoin the main asset for its treasury reserves. This move is accompanied by changes in the board of directors and new educational initiatives.
Shift to Bitcoin
Genius Group announced plans to make Bitcoin the primary asset for its treasury reserves, starting with a $150 million offering to reach an initial target of $120 million in Bitcoin. This strategy follows the path previously chosen by MicroStrategy.
Board of Directors Changes
The company has restructured its board of directors by adding experts from the blockchain and Web3 industries. This change is intended to support the company's new strategy.
Web3 and Crypto Education
Genius Group announced plans to implement Bitcoin payments on its educational platform and launch a new educational series on understanding Bitcoin and cryptocurrencies. These initiatives are aimed at equipping students with modern knowledge of future technologies.
Genius Group’s shift to Bitcoin as a main asset highlights its commitment to innovation and education on new technologies. The company’s plans for Web3 educational initiatives underscore the importance of cryptocurrency knowledge for future generations.
