Genius Group Limited has made headlines recently with its impressive increase in its Bitcoin Treasury, now valued at a remarkable $35 million. This achievement comes on the heels of a $5 million acquisition that brought the company’s total holdings to 372 Bitcoin, purchased at an average price of $94,047 per Bitcoin. This strategic move positions Genius Group at 30% of its ambitious goal of reaching $120 million in Bitcoin reserves ahead of schedule.
The announcement, made on January 10, 2025, highlights the company’s commitment to a “Bitcoin-first” strategy, which aims to allocate 90% or more of its reserves in Bitcoin.
This strategy was first unveiled on November 12, 2024, and has quickly gained traction as the company seeks to leverage the potential of cryptocurrency in its operations.
As of January 9, 2024, the market value of Genius Group’s Bitcoin holdings reflects a robust BTC-to-price ratio of 83%, indicating a strong integration of digital assets into its financial framework. The company’s market capitalization currently stands at approximately $42 million, with a share price of $0.64.
In addition to its Bitcoin acquisitions, Genius Group has also increased its loan with Arch Lending from $10 million to $14 million, maintaining a loan-to-value ratio of 40%. This financial strategy allows the company to utilize crypto-backed loans to bolster its reserves without needing to liquidate any Bitcoin assets. By doing so, Genius Group is positioning itself as a leader in both the educational and cryptocurrency sectors.
CEO Roger Hamilton has emphasized that this approach mirrors that of other publicly traded companies that have adopted Bitcoin as a reserve asset. He views Bitcoin not only as a store of value but also as an integral part of the company’s long-term financial strategy. The firm is also exploring innovative educational solutions that incorporate blockchain technology and artificial intelligence (AI) capabilities.
The company’s strategic plan includes implementing on-chain certifications and reward systems using Bitcoin’s Lightning Network, further solidifying its commitment to integrating cryptocurrency into its educational platforms. This innovative approach aligns with Genius Group’s broader vision of enhancing education through technology and providing valuable resources for individuals and corporations alike.
As Genius Group continues to expand its Bitcoin Treasury, it remains focused on achieving its goal of a net asset value of $1 billion within the next decade. The recently approved Founder Compensation Plan for CEO Roger Hamilton includes specific milestones tied to the growth of the Bitcoin Treasury, underscoring the company’s dedication to innovation and financial growth.
In conclusion, Genius Group’s recent boost to its Bitcoin Treasury not only showcases its strategic foresight but also positions it as a key player in the intersection of education and cryptocurrency. With a clear roadmap ahead and ambitious targets in place, the company is well on its way to redefining how educational institutions can leverage digital currencies for future growth.