Nasdaq-listed Genius Group Purchases Additional 14.7 Billion Won in Bitcoin (BTC), Now Holds Total of 319 BTC
Summary
- Genius Group announced that it has purchased an additional 14.7 billion won worth of Bitcoin.
- The total investment amount is $30 million, and the holdings amount to 319 BTC.
- Genius Group explained that it plans to accumulate a total of 1,000 BTC.
Nasdaq-listed AI-based education company Genius Group has recently purchased an additional $10 million (approximately 14.7 billion won) worth of Bitcoin (BTC).
According to GlobeNewswire on the 30th, Genius Group announced that it has recently purchased an additional $10 million worth of Bitcoin. Previously, Genius Group had invested a total of $30 million in Bitcoin since announcing its Bitcoin investment plan on the 12th of last month.
Roger Hamilton, CEO of Genius Group, stated, "We have not even been two months into our Bitcoin financial strategy," adding, "We are considering various investment and financial options to maximize shareholder value while accelerating Bitcoin accumulation." Genius Group aims to accumulate a total of 1,000 BTC as an initial goal.
Meanwhile, Genius Group holds a total of 214 BTC, with an average purchase price of $93,919.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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