Genius Group Buys $5M More in Bitcoin, Increasing Treasury to $35M

Genius Group Limited, a Singapore-based AI-powered education company, has made another significant move in its ongoing strategy to accumulate Bitcoin, increasing its Bitcoin Treasury to $35 million. This recent purchase of $5 million worth of Bitcoin brings the company’s total holdings to 372 BTC, at an average acquisition price of $94,047 per Bitcoin.

This acquisition surpasses the company’s milestone ahead of schedule in its goal to amass $120 million in Bitcoin holdings. As of January 9, the company’s Bitcoin Treasury was valued at $35 million, based on the current price of Bitcoin around $94,000. With a market capitalization of $42 million, Genius Group’s BTC-to-market-cap ratio stands at a significant 83%.

Bitcoin-First Strategy and Expansion of Loan

This latest purchase comes just two months after the company introduced its “Bitcoin-first” strategy in early November. Genius Group is focused on increasing its Bitcoin reserves by leveraging crypto-backed loans. To further fuel this growth, the company increased its loan with Arch Lending from $10 million to $14 million, maintaining a loan-to-value ratio of 40%.

The decision to use loans instead of selling Bitcoin is a key part of Genius Group’s strategy to allocate 90% or more of its reserves to Bitcoin, preserving its holdings while continuing to expand its digital asset base. By doing so, the company aims to maximize the potential of Bitcoin as a “store of value” while minimizing exposure to market volatility.

Bitcoin Integration in Education and Blockchain Use

Beyond its financial strategy, Genius Group is also exploring ways to integrate blockchain technology and Bitcoin into its AI-powered educational platforms. The company plans to implement on-chain certifications and reward systems using Bitcoin’s Lightning Network. This integration aims to add further value to its educational offerings by utilizing the advantages of blockchain technology, such as transparency, security, and decentralization.

CEO Roger Hamilton emphasized that the company’s Bitcoin-first strategy aligns with the growing trend of publicly traded firms adopting Bitcoin as a reserve asset. Genius Group views Bitcoin not just as a financial asset but also as a key component of its innovative approach to transforming education through AI and blockchain.