The company’s bitcoin holdings have exceeded its market cap following the purchase of an additional $2 million worth of bitcoin.
Genius Group Hits 38% of Intended Target for Bitcoin Holdings With Recent Acquisition
Genius Group Limited has announced the increase of its bitcoin holdings to 440 $BTC, investing a total of $42 million at an average price of $95,519 per bitcoin.
With a market capitalization of $33.1 million and a share price of $0.48, Genius Group’s $BTC/price ratio stands at 139%, meaning the company now holds more bitcoin value than its market capitalization.
news.bitcoin.com