Genius Group (GNS) announced that it had increased its Bitcoin purchases for its Bitcoin Treasury by an additional $1.8 million to 172 Bitcoin for $15.8 million, at an average net price of $92,006 per Bitcoin. The total purchase of $15.8 million of Bitcoin has been made within three weeks of the Company’s announcement on November 12 of its “Bitcoin-first” strategy that it is committing 90% or more of its current and future reserves to be held in Bitcoin, with an initial target of $120 million in Bitcoin.
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