Singapore-based AI education firm Genius Group has made a bold move in the crypto space, increasing its Bitcoin holdings by over 50% in just one month. The company added 34 BTC, bringing its total to 100 BTC, currently valued at over $10 million. This significant investment comes after a favorable U.S. court ruling removed a previous restriction on the company’s cryptocurrency purchases.
Genius Group Resumes Crypto Strategy After Legal Victory
Genius Group, a New York Stock Exchange (NYSE)-listed company, was among the first in its sector to adopt Bitcoin as a treasury asset. However, a U.S. legal ban previously halted its crypto acquisitions. That changed recently when the company won a court case allowing it to resume digital asset investments.
Following the ruling, CEO Roger Hamilton confirmed the company’s renewed commitment to Bitcoin. On May 22, Genius Group purchased 34 BTC for $2.7 million, at an average price of $100,600 per coin. Hamilton expressed satisfaction at regaining financial autonomy, stating that Bitcoin now plays a central role in the company’s capital strategy.
Long-Term Vision: Building a 1,000 BTC Treasury Reserve
Looking ahead, Genius Group plans to expand its Bitcoin treasury to 1,000 BTC as part of a long-term strategy to strengthen its financial reserves and reduce exposure to traditional market volatility. This move aligns with a growing trend of public companies turning to Bitcoin as a hedge and reserve asset, with firms like GameStop also joining the wave.
Hamilton emphasized that Bitcoin provides long-term security and value in a fast-changing economic environment. The company’s proactive stance signals confidence in cryptocurrency as a core financial instrument—not just a speculative investment.
As more institutional players explore Bitcoin as a strategic asset, Genius Group is positioning itself at the forefront of this financial shift.
