Genius Group increases Bitcoin Treasury to 440 Bitcoin for $42 million.
Rhea-AI Summary
Genius Group (NYSE: GNS) has expanded its Bitcoin Treasury, investing an additional $2 million to reach 440 Bitcoin, with a total investment of $42 million at an average price of $95,519 per Bitcoin. As of January 31, 2025, the Bitcoin Treasury had a market value of $46 million, based on Bitcoin's price of $104,893. The company's market capitalization stood at $33.1 million, with 68.8 million issued shares trading at $0.48 per share.
The company's BTC/Price ratio reached 139%, meaning that $100 of company equity contains $139 in Bitcoin Treasury value. This ratio is calculated by dividing the Bitcoin Treasury's market value by the company's market cap and is subject to fluctuations based on Bitcoin and share price movements.
Positive
- Bitcoin Treasury value ($46M) exceeds company's market cap ($33.1M)
- Unrealized gain of $4M on Bitcoin investment (Treasury value $46M vs. cost $42M)
- Strong Bitcoin position with 440 BTC holdings
Negative
- Low share price of $0.48 indicates market skepticism
- High exposure to Bitcoin price volatility risk
- Market cap of $33.1M suggests small-cap status with associated risks
News Market Reaction 1 Alert
On the day this news was published, GNS declined 5.00%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
SINGAPORE, Feb. 03, 2025 (GLOBE NEWSWIRE) -- 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
As at market close on January 31, 2025, the Company’s Bitcoin Treasury of 440 Bitcoin had a market value of
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) 259-4987
GNS@mzgroup.us
www.mzgroup.us