Genius Group Has Increased Its Bitcoin Purchases For Its Bitcoin Treasury By An Additional $2M To 440M For $42M

Genius Group Limited -0.88%

Genius Group Limited

GNS

0.70

-0.88%

Genius Group Limited (NYSE:GNS) ("Genius Group" or the "Company"), a leading AI-powered, Bitcoin-first education group, today announced that it has increased its Bitcoin purchases for its Bitcoin Treasury by an additional $2 million to 440 Bitcoin for $42 million, at an average price of $95,519 per Bitcoin.

As at market close on January 31, 2025, the Company's Bitcoin Treasury of 440 Bitcoin had a market value of $46 million based on the Bitcoin price of US$104,893 per Bitcoin. The Company's market cap was $33.1 million based on 68.8 million issued shares and the share price of $0.48 at market close on Friday January 31, 2025. This gives the Company a BTC / Price ratio of 139%, with the ratio calculated by dividing the market value of the Company's Bitcoin Treasury by its market cap. Based on this ratio, as at January 31, 2025, $100 of the Company's equity includes $139 in Bitcoin in its Bitcoin Treasury. This ratio is subject to change based on the price of Bitcoin and the price of the Company's shares.

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