According to Yahoo Finance data, the share price of artificial intelligence education company Genius Group (GNS) rose 22.18% to $0.77 yesterday.
Genius Group reported that its net asset value increased by 177% to more than $54 million in the first half of 2024, exceeding its market value of more than $40 million. The company also introduced BTC yield as a new performance indicator, achieving a 1,649% yield since its first purchase of Bitcoin in November. (CryptoBriefing)
Yesterday, Genius Group (NYSE American: GNS) announced that it had increased its Bitcoin vault purchases by an additional $10 million to 319.4 Bitcoins, with a total value of $30 million and an average price of $93,919 per Bitcoin. The company announced its “Bitcoin First” strategy on November 12, pledging to hold 90% or more of its existing and future reserves in Bitcoin, with an initial target of $120 million. In the six weeks since then, the company has purchased $30 million worth of Bitcoin.