Singapore-based Genius Group Limited has raised its bitcoin holdings by 20%, now holding 120 BTC at an average cost of $101,539, according to a recent SEC filing.
The AI-driven education company confirmed the purchase and intends to accelerate its bitcoin acquisitions in the coming months. Since May 22, when a U.S. court lifted a prior injunction restricting bitcoin purchases, Genius Group has doubled its bitcoin reserves.
The company aims to acquire 1,000 BTC within six months. CEO Roger Hamilton highlighted Bitcoin’s strategic role in their mission to educate learners in AI, digital finance, and community values. He stated the firm’s focus is teaching the “ABCs of the future”: AI as the digital workforce, Bitcoin as digital money, and community as human values.
Genius Group’s stock price has surged over 300% in the past two weeks and is projected to more than double in 2025, although it remains down by over 40% compared to a year ago.