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    Home»Cryptocurrency»Genius Group Expands Bitcoin Holdings by 52% Following Court-Ordered Resumption
    Cryptocurrency

    Genius Group Expands Bitcoin Holdings by 52% Following Court-Ordered Resumption

    Team_SimonCryptoBy Team_SimonCryptoJune 18, 2025No Comments3 Mins Read
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    AI-powered training group Genius Group has boosted its Bitcoin holdings by greater than 50% in a renewed present of confidence within the digital asset.

    The corporate disclosed that it elevated its company Bitcoin treasury from 66 BTC to 100 BTC, an addition of 34 BTC price roughly $3.42 million, which brings the whole worth of its holdings to $10.06 million at a mean buy worth of $100,600 per Bitcoin.

    Genius Group Ramps Up Bitcoin Treasury

    The transfer comes simply weeks after a US Courtroom of Appeals ruling on Might 6 lifted restrictions that had quickly blocked the agency from buying extra Bitcoin as a consequence of a authorized dispute tied to its merger with FatBrain AI. The corporate resumed its BTC accumulation on Might 22 with a $2.7 million funding, a transfer that indicators a broader return to its Bitcoin Treasury Reserve Technique.

    The Singapore-based agency has reaffirmed its long-term ambition to develop its holdings to 1,000 BTC, which aligns with a rising pattern of institutional adoption amid ongoing macroeconomic uncertainty.

    In an official statement, Genius Group CEO, Roger Hamilton, stated,

    “We’re happy to have the ability to have regained the best to handle our firm’s capital in the way in which our Board and shareholders sees match. Our 100 Bitcoin milestone is a big step in the direction of our 1,000 Bitcoin goal.”

    Genius Group suffered a turbulent interval earlier this yr when it was legally compelled to downsize its treasury amid ongoing litigation. In April, the corporate began liquidating a part of its Bitcoin reserves after a US District Courtroom order barred it from elevating capital or investing in BTC.

    On the time, Hamilton criticized the court docket’s ruling as being rooted in false statements and monetary coercion, and claimed the authorized actions had been orchestrated by people already dealing with fraud allegations.

    From Disaster to Comeback

    Data from Google Finance reveals that Genius Group’s share worth has fallen sharply in 2025, dropping by 68% from highs above $0.70 in early January to a low close to $0.22 in April, which intently mirrored the timeline of the corporate’s authorized challenges. Nevertheless, the inventory has proven indicators of restoration in current weeks, buying and selling at $0.36 as of June 17.

    The modest rebound suggests renewed investor confidence following the Might court docket ruling.

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