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On January 21st, major player in the AI sector, **Genius Group**, revealed a significant expansion of its digital asset portfolio, acquiring **$5 million** in Bitcoin. The company’s **Bitcoin treasury** now comprises **420 BTC**, translating to an estimated market value of around **$40 million**. This investment positions Genius Group strategically within the crypto landscape, especially considering that the average acquisition cost stands at **$95,912 per BTC**. Such moves underscore the ongoing institutional interest in Bitcoin, affirming its role as a pivotal asset in diversification strategies. Investors and analysts alike are keen to observe how this accumulation impacts the broader market dynamics and sentiment towards cryptocurrency investment. Genius Group’s proactive stance not only highlights its commitment to innovation but also reflects a growing trend among tech firms investing in **digital currencies** as a hedge against traditional market volatility.
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