BREAKING
216d 10h ago

Genius Group Boosts Bitcoin Holdings by 23%, Sets Ambitious Target of 10,000 BTC

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

Genius Group Limited (NYSE American: GNS) has strategically expanded its cryptocurrency portfolio by acquiring 28 bitcoins at an average cost of $102,858 on July 7, as reported by GlobeNewswire. This transaction elevated the company’s total bitcoin holdings by 23%, bringing the reserve to 148 bitcoins. Following the U.S. Court of Appeals’ decision to lift the preliminary injunction on May 22, Genius Group has realized a remarkable 113% return on its bitcoin investments, effectively doubling its bitcoin assets per share within six weeks. The firm has concurrently revised its bitcoin reserve target upwards, aiming to accumulate 10,000 bitcoins over the next 12 to 24 months, a significant increase from the previous goal of 1,000. This move underscores Genius Group’s commitment to leveraging digital assets as a core component of its financial strategy, reflecting growing institutional confidence in bitcoin as a long-term store of value.

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