The Genius Group, a Singapore -based company for artificial intelligence education, expanded its company Bitcoin Treasury by greater than 50%, which increases the increasing institutional introduction of the world's first cryptocurrency.
Despite an earlier ban on the company accumulation of the NASDAQ-Listed company, the Genius Group increased its Bitcoin (BTC) defects by 52%and received one other 34 BTC last month.
This brings the corporate's stock stocks to 100 BTC, which, in line with an announcement on Monday, was bought for a mean price of $ 100,600 per Bitcoin for a complete of over 10 million US dollars.
The acquisitions are a part of the strategy of the AI ​​company to accumulate 1,000 BTC for his company Ministry of Finance.
Source: Roger James Hamilton
The Geniuys Group resumed its Bitcoin accumulation on May twenty second when it announced a BTC investment of two.7 million US dollars after the U.S. Report Court had received a positive judgment against its earlier Bitcoin investment ban.
On March 13, a court of the district in New York issued an injunction (PI) and a short lived injunction (Tro) a couple of dispute over the fusion of the Genius Group with Fatbrain AI, which also carried out the corporate the acquisition of more Bitcoin.
Genius group among the many “first” Bitcoin financial company “, which legally prevents” to purchase BTC: CEO
“We launched our Bitcoin Ministry of Finance in November 2025 and consider that we were one in all the primary Bitcoin Treasury firms on the New York Stock Exchange (NYSE) American,” wrote Roger Hamilton, CEO of the Genius Group and added:
“We also consider that, in line with our announcement, we were one in all the few firms that were legally prevented from buying Bitcoin by a US court.”
Hamilton added that he’s “pleased to oversee the best to oversee the capital of our company in the way in which our board and shareholders are fit” to gather the corporate's goal of collecting 1,000 BTC.
More firms are increasingly taking Bitcoin as a reserve for his or her corporate strategies. On June 13, the video game giant Gamestop improved its private convertible grade to 2.25 billion US dollars, which signaled a deeper commitment to the Bitcoin Ministry of Finance.
The financing round takes place two weeks after Gamestop has announced the acquisition of 4,710 Bitcoin price around 513 million US dollars on May 28, which suggests that the corporate is the eleventh largest BTC holder of firms, as Bitbo data show.
