U.S. publicly traded company Genius Group announced an increase in its Bitcoin holdings by 32 coins, bringing its total holdings to 180 coins.

By: theblockbeats.news|2025/07/14 20:52:00
0
Share
copy

BlockBeats News, July 14th, according to official sources, Genius Group Limited (NYSE American: GNS) announced today that the company purchased 32 bitcoins on July 12, 2025, at an average price of $105,568 per bitcoin (either on the open market or through OTC), increasing its bitcoin reserves by 22% to a total of 180 bitcoins.

Genius Group stated that since the preliminary injunction from the U.S. Court of Appeals on May 22, 2025, temporarily lifting the ban on the company's bitcoin purchases, the company has achieved a 161% return on its bitcoin holdings. In less than two months, the company's bitcoin holdings have doubled. On July 7th, the company significantly raised its bitcoin reserve target from 1,000 bitcoins to 10,000 bitcoins, a tenfold increase. At the current growth rate, the company is on track to achieve this target within 24 months or less.

You may also like

Cryptocurrency CEXs are flocking to sell US stocks, and traditional brokerages are facing an "uninvited guest."

The major reshuffle has just begun.

Will the SpaceX IPO Hurt Bitcoin? Here's What Traders Are Watching

What is the SpaceX IPO, and how could it affect Bitcoin prices? As SpaceX prepares for its historic Nasdaq debut, crypto traders are watching for potential liquidity shifts and market volatility.

Foreign selling in the South Korean stock market accelerates, with cumulative net sales reportedly reaching $75 billion this year

On June 9, The Kobeissi Letter, citing Goldman Sachs data, reported that global investors are selling South Korean stocks at an unusually rapid pace. In the latest trading session, foreign investors sold about $801 million worth of Kospi constituent stocks again; total foreign outflows last week reached about $10 billion, and the market has been in net foreign selling on nearly every trading day over the past month. According to the data cited in the report, foreign investors have sold about $75 billion worth of South Korean stocks so far this year. Meanwhile, South Korean retail and institutional investors together recorded roughly $69 billion in net buying over the same period, suggesting that the market’s main buying support has come from domestic capital rather than returning overseas funds. The information currently disclosed still mainly comes from The Kobeissi Letter’s retelling and Goldman Sachs data summaries, while public details on the statistical period and the specific definition of “selling” remain relatively limited.

Fortune Warns of Strategy’s Financing Structure Risks as Bitcoin Premium Narrows

Fortune warned that Strategy’s Bitcoin treasury model faces growing financing risks as MSTR’s net asset premium narrows and preferred stock dividend pressure increases.

Ferrari Challenge Le Mans: Carl Moon to Dominate in WEEX Livery

The art of absolute control. Inside Carl Moon’s Ferrari 296 Challenge quest at Le Mans, taming the storm together with the official WEEX livery.

Sahara AI Responds to SAHARA’s Sharp Drop: No Contract or Product Security Issues Found, Internal Investigation Underway

Sahara AI responded to SAHARA’s 60% price drop, saying no token contract or product security issues have been found and an internal investigation is underway.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com