Highlights:
- Genius Group increases Bitcoin treasury to $35M, surpassing milestones under its Bitcoin-first strategy.
- The company achieved 30% of its $120 million Bitcoin target ahead of schedule.
- A $14M crypto-backed loan supports the treasury expansion with a 40% loan-to-value ratio.
Genius Group, an AI-driven Bitcoin-first education company, has added $5 million worth of Bitcoin to its Treasury, taking the total value to $35 million. The press release stated that the company now has 372 Bitcoins in its possession, which were bought at $94,047 per coin. This buy helps to further advance the company’s objective of having a $120 million Bitcoin reserve.
GENIUS GROUP ADDS $5M BTC TO ALREADY JUICED-UP BAG
Genius Group just hit the buy button for $5M in Bitcoin, leveling up their holdings to a fat 372 BTC.
That’s $35M riding on those crypto vibes.
Guess they’re stacking sats and doubling down on the digital gold game.
While the… pic.twitter.com/dAh0s86yxH
— Mario Nawfal’s Roundtable (@RoundtableSpace) January 10, 2025
The firm’s Bitcoin-focused approach, revealed in November 2024, designates more than 90% of existing and potential assets to Bitcoin. The recent purchase enabled the company to raise $36 million within two months of the $120 million target. Genius Group achieved this before the scheduled time to show its strong focus on its digital asset objectives.
By January 9, 2024, the company’s Bitcoin Treasury amounted to $35 million in market capitalization. This represented 83% of their $42 million market capitalization based on the 66 million shares they had outstanding at $0.64 each.
Strategic Investments Backed by Crypto Loans
Genius Group has raised more capital to enable it to expand its Bitcoin adoption. The company also raised the crypto-backed loan it has with Arch Lending to $14 million from the initial $10 million. The loan has a loan to value ratio of 40% meaning that the financials will be safe during this aggressive expansion mode.
Furthermore, the company wants to increase the net asset value of its Bitcoin Treasury to $1 billion in the next ten years. CEO Roger Hamilton has a leadership package that has targets related to this lofty goal and a $1 billion market valuation.
These strategic financial decisions are in line with the company’s decision to be Bitcoin first. Genius Group employs BTC Yield as a KPI to compare Bitcoin purchases with the company’s diluted share count. This method shows the company’s strategy of achieving growth and maintaining shareholder returns.
In the fourth quarter of the year 2024, the firm recorded a BTC Yield of 1,649%. CFO Gaurav Dama added that the company’s BTC to market cap ratio was at 75%, which is higher than industry norms and could suggest underestimated equity.
Acquisitions Bolster Bitcoin Education
Genius Group’s recent acquisition of XD Academy is an extension of its current strategy. XD Academy focuses on providing Bitcoin and blockchain courses. This acquisition enables Genius Group to incorporate education on digital currency in its platforms following its bitcoin-first strategy.
🚨 Breaking News: Genius Group expands its global edtech footprint with the acquisition of Bitcoin-focused XD Academy!
🔗 Read more: https://t.co/yMAixbOuwA#EdTech #BlockchainEducation #CryptoLearning #Bitcoin #GeniusGroup #TechInnovation
— Genius Group Ltd (@GeniusGroupLtd_) December 7, 2024
This way, Genius Group is planning to scale up its faculty & courses in its EdTech platform. This acquisition is also instrumental in reinforcing the company’s identity as an educational firm primarily focused on Bitcoin.
Furthermore, the company’s Bitcoin Academy will enhance its experience and receive more opportunities from the partnership. This growth keeps on ensuring that Genius Group’s educational endeavors are still on the radar in the ever-changing digital realm.
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