Genius Group Doubles Bitcoin Holdings to 200 BTC Amid Plans for 10,000 BTC Treasury Expansion
Main Idea
Genius Group has doubled its Bitcoin holdings to 200 BTC and plans to accumulate 10,000 BTC in two years, leveraging the GENIUS Act to integrate blockchain technology into education through tokenized rewards and stablecoins.
Key Points
1. Genius Group acquired an additional 20 BTC at an average price of $106,812, bringing its total holdings to 200 BTC.
2. The company aims to accumulate 10,000 BTC within two years as part of its long-term strategy.
3. The GENIUS Act facilitates blockchain-based education initiatives, including tokenized rewards (GEMs) and stablecoin integration.
4. Genius Group is pursuing a non-bank digital asset service provider (DASP) license to legitimize on-chain transactions.
5. The GENIUS Act strengthens the Ethereum ecosystem by providing regulatory clarity for stablecoins and tokenized assets.
Description
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