AI company Genius Group purchases an additional $4 million worth of Bitcoin, increasing its holdings to 153 BTC

According to Globenewswire, artificial intelligence company Genius Group (NYSE American: GNS) announced that it has increased the purchase volume of Bitcoin in its Bitcoin vault by an additional $4 million to 153 coins, with a total value of $14 million and an average price of $91372 per Bitcoin. The additional purchase of $4 million worth of Bitcoin was made after the company announced its "Bitcoin First" strategy on November 12th, which promises to hold 90% or more of its current and future reserves in the form of Bitcoin, with an initial target of $120 million worth of Bitcoin. The company subsequently announced on November 18th that it had purchased its first batch of Bitcoin worth $10 million. This purchase is the second time in two weeks that the company has purchased Bitcoin since establishing its Bitcoin repository. In November, Genius Group announced that it had purchased 110 bitcoins for $10 million.