Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

Dogecoin alternative that could deliver huge ROI in 2025 even if DOGE hits $2 ATH

June 17, 2025
Tron's TRX Will Make or Break its Wall Street Career

Tron’s TRX Will Make or Break its Wall Street Career

June 17, 2025

Sonic token crashes to new lows: can it recover?

June 17, 2025

Spanish bank BBVA advises wealthy clients to invest in Bitcoin: report

June 17, 2025

JP Morgan to Launch JPMD Coin on Base: Here’s What You Need to Know

June 17, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    JP Morgan to Launch JPMD Coin on Base: Here’s What You Need to Know

    June 17, 2025

    Rising Bitcoin Dominance Above 64% Dashes Hopes Of Altcoin Season, Here’s Why

    June 17, 2025

    Bitcoin Price Slips Below $104K as Trump Makes Critical Remarks on Iran-Israel Conflict

    June 17, 2025

    Trump Media Makes Moves On Bitcoin And Smartphone – What’s Next?

    June 17, 2025

    Arthur Hayes Warns Circle’s IPO Could Ignite ‘Stablecoin Mania’ Bubble

    June 17, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Technology » Blockchain » Genius Group Bitcoin treasury grows 52% towards 1,000 BTC Goal
Blockchain

Genius Group Bitcoin treasury grows 52% towards 1,000 BTC Goal

Crypto Observer StaffBy Crypto Observer StaffJune 17, 2025No Comments2 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Genius Group Bitcoin treasury grows 52% towards 1,000 BTC Goal
Share
Facebook Twitter LinkedIn Pinterest Email

Genius Group, a Singapore-based artificial intelligence education company, expanded its corporate Bitcoin treasury by more than 50% amid increasing institutional adoption of the world’s first cryptocurrency.

Despite a previous ban on the Nasdaq-listed firm’s corporate accumulation, Genius Group increased its Bitcoin (BTC) treasury by 52%, acquiring an additional 34 BTC during the past month.

This brings the firm’s corporate holdings to 100 BTC, purchased for a total of over $10 million at an average price of $100,600 per Bitcoin, according to a Monday announcement.

The acquisitions are part of the AI firm’s strategy to acquire 1,000 BTC for its corporate treasury.

Source: Roger James Hamilton

Related: Amazon to invest $13B in Australian AI data center infrastructure

Geniuys Group resumed its Bitcoin accumulation on May 22, when it announced a $2.7 million BTC investment, after receiving a favorable ruling by the US Court of Appeals against its previous Bitcoin investment ban.

On March 13, a New York District court issued a preliminary injunction (PI) and temporary restraining order (TRO) about a dispute surrounding Genius Group’s merger with Fatbrain AI, which also barred the firm from buying more Bitcoin.

Related: Bitcoin nears new high as Trump says US-China trade ‘deal is done’

Genius Group among the ‘first’ Bitcoin Treasury firms ‘legally prevented’ from buying BTC: CEO

 “We launched our Bitcoin Treasury in November 2025, and believe we were one of the first Bitcoin Treasury companies on the New York Stock Exchange (NYSE) American,” wrote Roger Hamilton, CEO of Genius Group, adding:

“We also believe that subsequent to our announcement, we were one of the only companies legally prevented from buying Bitcoin by a US court.”

Hamilton added that he is “pleased to have regained the right to manage our company’s capital in the way our Board and shareholders see fit,” reiterating the firm’s goal of amassing 1,000 BTC.

Increasingly, more companies are adopting Bitcoin as a reserve asset for their corporate strategies. On June 13, video game giant GameStop upsized its private convertible note offering to $2.25 billion, signaling a deeper commitment to its Bitcoin treasury.

Source: Bitbo

The financing round comes two weeks after GameStop announced the purchase of 4,710 Bitcoin valued at about $513 million on May 28, making the firm the 11th largest corporate BTC holder, Bitbo data shows.

Magazine: Will Bitcoin tap $119K if oil holds? SharpLink buys $463M ETH: Hodler’s Digest, June 8 – 14

Read the full article here

Crypto News cryptocurrency
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Tron's TRX Will Make or Break its Wall Street Career

Tron’s TRX Will Make or Break its Wall Street Career

June 17, 2025
Ether Staked Supply hits 35 million High, amid Record Accumulation Address buying

Ether Staked Supply hits 35 million High, amid Record Accumulation Address buying

June 17, 2025
Flare’s FXRP attract institutions to XRPFi ecosystem

Flare’s FXRP attract institutions to XRPFi ecosystem

June 17, 2025
Solana, Bitget Join Ondo Finance’s ‘Market Alliance’

Solana, Bitget Join Ondo Finance’s ‘Market Alliance’

June 17, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

Dogecoin alternative that could deliver huge ROI in 2025 even if DOGE hits $2 ATH

June 17, 2025
Tron's TRX Will Make or Break its Wall Street Career

Tron’s TRX Will Make or Break its Wall Street Career

June 17, 2025

Sonic token crashes to new lows: can it recover?

June 17, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Rising Bitcoin Dominance Above 64% Dashes Hopes Of Altcoin Season, Here’s Why

June 17, 2025

Bitcoin Price Slips Below $104K as Trump Makes Critical Remarks on Iran-Israel Conflict

June 17, 2025

Trump Media Makes Moves On Bitcoin And Smartphone – What’s Next?

June 17, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.