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Genius Group adopts global "Bitcoin First" strategy, plans to allocate more than 90% of reserves to Bitcoin

Genius Group adopts global "Bitcoin First" strategy, plans to allocate more than 90% of reserves to Bitcoin

CointimeCointime2024/11/12 14:33
By:Cointime

the AI-driven education group, Genius Group, has announced that its board of directors has adopted a global "Bitcoin-first" strategy, making Bitcoin its primary reserve asset. The company's board of directors has approved a commitment to allocate 90% or more of its current and future reserves to Bitcoin, with the goal of making an initial investment of $120 million through ATMs as its primary treasury reserve asset for long-term holding, while also launching the Web3 Wealth Renaissance Education Series and enabling global Bitcoin payments on the company's Edtech platform.

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