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Genius Group Expands Bitcoin Holdings to $35 Million, Reinforcing Its Digital Finance Strategy
January 11, 2025 – Genius Group has made a significant move in its pursuit of digital finance strategy, expanding its Bitcoin holdings by adding $5 million worth of the cryptocurrency. This brings the total value of its Bitcoin reserves to $35 million.
The company’s decision to expand its Bitcoin position reflects its commitment to allocating 90% of its reserves to Bitcoin. In just two months, Genius Group has already achieved a significant milestone, with this latest addition taking it 30% closer to reaching its goal.
Genius Group’s CEO, Roger Hamilton, remains steadfast in his long-term vision for the company. He aims to increase the company’s market value to $1 billion over the next decade and build a Bitcoin Treasury worth $1 billion. This ambitious plan aligns with the growing adoption of cryptocurrency by mainstream finance institutions.
The company has also bolstered its financial flexibility by increasing its Bitcoin-backed loan with Arch Lending from $10 million to $14 million. This strategic move enables Genius Group to use cryptocurrency as more than just a reserve asset, but also as a means to support growth while mitigating risk.
As the global economy continues to navigate uncertainty and volatility, Genius Group’s decision to expand its Bitcoin holdings underscores the importance of diversifying assets and embracing innovation in finance.
Source: cryptonewsland.com
