Publicly Traded Genius Group Adopts Bitcoin as Primary Treasury Asset with $120M Investment

Genius Group, a publicly traded, Singapore-based artificial intelligence company, has adopted Bitcoin as its primary treasury asset. The company plans to allocate over 90% of its reserves to Bitcoin, targeting an initial investment of $120 million. This strategic move is part of Genius Group's broader effort to diversify its assets and safeguard against fiat currency risks.

Additionally, the company will enable Bitcoin payments on its edtech platform and launch a Web3 education series. Genius Group views Bitcoin as the primary store of value that will power exponential technologies. The company's stock symbol is GNS.

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