Singapore-based AI firm Genius Group has resumed its acquisition of Bitcoin after a US court lifted a previous ban, which led to a significant boost in its BTC treasury. On May 22, the company announced that following a favorable ruling from the US Court of Appeals, it increased its Bitcoin holdings by 40% with the purchase of 24.5 BTC, valued at approximately $2.7 million. This brings Genius Group's total Bitcoin holdings to 85.5 BTC, purchased for a cumulative $8.5 million at an average price of $99,700 per coin. CEO Roger Hamilton expressed optimism about rebuilding shareholder value and emphasized the company's commitment to educating students on AI, Bitcoin, and community, highlighting that building their Bitcoin treasury is integral to their 2025 plan. Genius Group, listed on the NYSE with a current market cap of $24.34 million, has seen its stock value decline significantly this year. The company's actions mirror those of leading corporate treasuries like MicroStrategy, which have heavily invested in Bitcoin.

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