Genius Group increases Bitcoin Treasury to 440 Bitcoin for $42 million.
03 Février 2025 - 2:00PM
Genius Group Limited (NYSE American: GNS) (“Genius Group” or the
“Company”), a leading AI-powered, Bitcoin-first education group,
today announced that it has increased its Bitcoin purchases for its
Bitcoin Treasury by an additional $2 million to 440 Bitcoin for $42
million, at an average price of $95,519 per Bitcoin.
As at market close on January 31, 2025, the
Company’s Bitcoin Treasury of 440 Bitcoin had a market value of $46
million based on the Bitcoin price of US$104,893 per Bitcoin. The
Company’s market cap was $33.1 million based on 68.8 million issued
shares and the share price of $0.48 at market close on Friday
January 31, 2025. This gives the Company a BTC / Price ratio of
139%, with the ratio calculated by dividing the market value of the
Company’s Bitcoin Treasury by its market cap. Based on this ratio,
as at January 31, 2025, $100 of the Company’s equity includes $139
in Bitcoin in its Bitcoin Treasury. This ratio is subject to change
based on the price of Bitcoin and the price of the Company’s
shares.
About Genius Group
Genius Group (NYSE: GNS) is a Bitcoin-first
business delivering AI powered, education and acceleration
solutions for the future of work. Genius Group serves 5.4 million
users in over 100 countries through its Genius City model and
online digital marketplace of AI training, AI tools and AI talent.
It provides personalized, entrepreneurial AI pathways combining
human talent with AI skills and AI solutions at the individual,
enterprise and government level. To learn more, please
visit www.geniusgroup.net.
For more information, please visit
https://www.geniusgroup.net/
Forward-Looking
Statements
Statements made in this press release include
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934. Forward-looking statements can be
identified by the use of words such as “may,” “will”, “plan,”
“should,” “expect,” “anticipate,” “estimate,” “continue,” or
comparable terminology. Such forward-looking statements are
inherently subject to certain risks, trends and uncertainties, many
of which the Company cannot predict with accuracy and some of which
the Company might not even anticipate and involve factors that may
cause actual results to differ materially from those projected or
suggested. Readers are cautioned not to place undue reliance on
these forward-looking statements and are advised to consider the
factors listed above together with the additional factors under the
heading “Risk Factors” in the Company's Annual Reports on Form
20-F, as may be supplemented or amended by the Company's Reports of
a Foreign Private Issuer on Form 6-K. The Company assumes no
obligation to update or supplement forward-looking statements that
become untrue because of subsequent events, new information or
otherwise. No information in this press release should be
construed as any indication whatsoever of the Company’s future
revenues, results of operations, or stock price.
Contacts
MZ Group - MZ North America(949)
259-4987GNS@mzgroup.uswww.mzgroup.us
Genius (AMEX:GNS)
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