Nasdaq-listed Genius Group Purchases Additional $2.8 Million in Bitcoin (BTC), Now Holds Total of 214 BTC

Source
Minseung Kang

Summary

  • Genius Group reported purchasing an additional $2 million worth of Bitcoin.
  • Genius Group stated that it is exploring various sources of capital, including loans, for Bitcoin investment.
  • Genius Group's total Bitcoin holdings amount to 214 BTC.
Image = Genius Group Website Capture
Image = Genius Group Website Capture

Nasdaq-listed AI-based education company Genius Group has recently purchased an additional $2 million (approximately 2.8 billion KRW) worth of Bitcoin (BTC).

According to GlobeNewswire on the 17th, Genius Group announced that it has recently purchased an additional $2 million worth of Bitcoin. Previously, Genius Group had invested a total of $20 million in Bitcoin since announcing its Bitcoin investment plan on the 12th of last month.

The media reported, "Genius Group is exploring various sources of capital, including loans, to facilitate the purchase of Bitcoin."

Meanwhile, Genius Group holds a total of 214 BTC, with an average purchase price of $93,586.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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