Genius Group (NYSE: GNS) has significantly increased its Bitcoin holdings to 420 BTC, totaling a $40 million investment at an average price of $95,912 per Bitcoin. This move aligns with its announced “Bitcoin-first” strategy, which aims to hold over 90% of its reserves in Bitcoin and ultimately reach $120 million in Bitcoin assets. The company ...
Michael Saylor, co-founder of MicroStrategy, has been tracking Bitcoin for 10 weeks in a row, suggesting a potential purchase soon. MicroStrategy currently holds 447,470 BTC, worth about $42.4 billion, after buying 1,070 BTC recently. However, the company’s stock, MSTR, has dropped around 40% from its peak last November, mirroring the broader struggles in the crypto ...
MicroStrategy, a company known for its enterprise software, has made headlines by investing heavily in Bitcoin over the past four years, resulting in an astonishing 2,700% return for its shareholders. Currently, the firm owns around 402,100 Bitcoins worth approximately $39.1 billion. Initially funding its Bitcoin purchases with company resources, MicroStrategy now relies on raising debt ...
