Genius Group Limited (GNS) a Singapore-based education technology company focused on AI and Bitcoin, Friday announced that it has expanded its Bitcoin Treasury with a $5 million purchase, increasing its total holdings to 372 units valued at $35 million, averaging $94,047 per Bitcoin.
The company, with a high stock beta of 10.68, is pursuing a Bitcoin-first strategy announced on November 12, aiming to allocate 90% of its reserves, with an initial target of $120 million in Bitcoin investments.
Genius Group has surpassed its Bitcoin Treasury schedule, achieving 30% of its $120 million target early. As of Thursday, the market value of its Bitcoin holdings aligns with its purchase price, reflecting the current Bitcoin price of $94,000 per unit.
The company's market capitalization is $40.32 million, with a BTC/Price ratio of 83%. Over the past year, the company reported $16.15 million in revenue but is burning through cash, according to InvestingPro analysis, while maintaining a strong current ratio of 2.52.
GNS has raised its loan with Arch Lending, a crypto-backed platform, from $10 million to $14 million, with a 40% loan-to-value ratio. Additionally, the company approved a Founder Compensation Plan for CEO Roger Hamilton, tied to milestones, including growing the Bitcoin Treasury's net asset value to $1 billion within the next decade.
Friday GNS closed at $0.6551 or 2.3594% higher and after market hours dropped and closed at $0.6502 or 0.7480% lower on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.