Genius Group's Bold Move: Bitcoin Treasury Expansion Boosts Stock by 11%

Genius Group's Strategic Financial Shift

Genius Group Limited (GNS) saw its stock surge 11% to approximately $0.72 in early US trading on Monday. This increase followed the company's announcement of expanding its Bitcoin Treasury to $30 million. According to Yahoo Finance, this strategic move has significantly bolstered their net asset value and BTC yield metrics.

Key Highlights

• Genius Group expanded its Bitcoin holdings by $10 million, bringing total holdings to 319.4 Bitcoin.
• The company reported a 1,649% BTC yield since its initial acquisition in November.
• Their net asset value surged by 177% to over $54 million in the first half of 2024, exceeding its market capitalization of $40 million.

Genius Group's CEO, Roger Hamilton, expressed satisfaction with their consistent Bitcoin purchases, stating they are ahead of schedule to reach their target of 1,000 Bitcoin in their treasury. The purchases were funded through a combination of reserves, proceeds from ATMs, and a $10 million Bitcoin loan from Arch Lending.

Source: Bitcoin Treasuries

As of December 29, 2024, the Bitcoin Treasury was valued at $30.4 million, based on Bitcoin's price of $95,060, resulting in a BTC/Price ratio of 75%. Gaurav Dama, the CFO, noted that while they are achieving a high BTC yield, they believe this performance is not yet reflected in their share price, which is significantly higher than industry peers.