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Singapore-based AI education company Genius Group has expanded its Bitcoin treasury by over 50% adding 34 BTC in the past month. The move follows a favorable court ruling that lifted a previous US ban on the company’s crypto purchases.
The firm now holds 100 BTC worth over $10 million at an average price of $100,600 per coin. CEO Roger Hamilton shared that the company aims to accumulate up to 1000 BTC as part of its long-term strategy to strengthen its financial reserves through cryptocurrency.
Hamilton stated that Genius Group was among the first NYSE-listed firms to adopt Bitcoin before facing a legal block. He expressed satisfaction in regaining the ability to manage capital freely and confirmed renewed investment with a $2.7 million BTC purchase on May 22. The news comes as more companies including GameStop turn to Bitcoin as a corporate reserve asset.
