AI Firm Genius Group Adopts Bitcoin as Primary Treasury Asset; Shares Spike 50%

Coindesk

2024-11-12

Genius Group committed 90% of its current and future reserves to be held in bitcoin.
The AI company said it plans to acquire an initial $120 million of BTC.
The decision follows a board-level restructuring to include several people with crypto backgrounds.

Artificial intelligence company Genius Group (GNS) has adopted bitcoin (BTC) as its primary treasury asset, committing 90% of its current and future reserves to be held in bitcoin, according to a press release.

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