Genius Group Bitcoin treasury grows 52% as 1,000 BTC goal reaffirmed

4 hours ago

The Nasdaq-listed AI company’s treasury surpassed the 100 BTC people aft a favorable tribunal bid enabled it to resume Bitcoin accumulation.

Genius Group Bitcoin treasury grows 52% arsenic 1,000 BTC extremity reaffirmed

Genius Group, a Singapore-based artificial quality acquisition company, expanded its firm Bitcoin treasury by much than 50% amid expanding organization adoption of the world’s archetypal cryptocurrency.

Despite a erstwhile prohibition connected the Nasdaq-listed firm’s firm accumulation, Genius Group accrued its Bitcoin (BTC) treasury by 52%, acquiring an further 34 BTC during the past month.

This brings the firm’s firm holdings to 100 BTC, purchased for a full of implicit $10 cardinal astatine an mean terms of $100,600 per Bitcoin, according to a Monday announcement.

The acquisitions are portion of the AI firm’s strategy to get 1,000 BTC for its firm treasury.

Geniuys Group resumed its Bitcoin accumulation connected May 22, erstwhile it announced a $2.7 cardinal BTC investment, aft receiving a favorable ruling by the US Court of Appeals against its erstwhile Bitcoin concern ban.

On March 13, a New York District tribunal issued a preliminary injunction (PI) and impermanent restraining bid (TRO) astir a quality surrounding Genius Group’s merger with Fatbrain AI, which besides barred the steadfast from buying much Bitcoin.

Genius Group among the ‘first’ Bitcoin Treasury firms ‘legally prevented’ from buying BTC: CEO

“We launched our Bitcoin Treasury successful November 2025, and judge we were 1 of the archetypal Bitcoin Treasury companies connected the New York Stock Exchange (NYSE) American,” wrote Roger Hamilton, CEO of Genius Group, adding:

“We besides judge that consequent to our announcement, we were 1 of the lone companies legally prevented from buying Bitcoin by a US court.”

Hamilton added that helium is “pleased to person regained the close to negociate our company’s superior successful the mode our Board and shareholders spot fit,” reiterating the firm’s extremity of amassing 1,000 BTC.

Increasingly, much companies are adopting Bitcoin arsenic a reserve plus for their firm strategies. On June 13, video crippled elephantine GameStop upsized its backstage convertible enactment offering to $2.25 billion, signaling a deeper committedness to its Bitcoin treasury.

The financing circular comes 2 weeks aft GameStop announced the acquisition of 4,710 Bitcoin valued astatine astir $513 cardinal connected May 28, making the steadfast the 11th largest firm BTC holder, Bitbo data shows.