Key Points
- Singapore’s Genius Group has increased its Bitcoin holdings by $2 million, now holding 440 Bitcoin worth $42 million.
- The company’s Bitcoin holdings now surpass its own market value, with a BTC/Price ratio of 139%.
Genius Group, an artificial intelligence company based in Singapore, has ramped up its cryptocurrency investments, purchasing an additional $2 million worth of Bitcoin. This brings the company’s total Bitcoin holdings to 440, valued at $42 million.
Bitcoin Holdings Surpass Market Value
Interestingly, Genius Group’s Bitcoin holdings now exceed the company’s own market value. The company’s Bitcoin reserves have reached 440 BTC, following the recent $2 million acquisition. As of January 31, with Bitcoin trading at $104,893, the company’s Bitcoin treasury is valued at $46 million. Meanwhile, the company’s market cap is $33.1 million, meaning every $100 of Genius stock essentially contains $139 in Bitcoin.
The company’s BTC/Price ratio stands at 139% – calculated by dividing the market value of the company’s Bitcoin treasury by its market cap. This implies that as of January 31, 2025, $100 of the company’s equity includes $139 in Bitcoin in its Bitcoin treasury.
Bitcoin-First Strategy
In recent weeks, Genius Group also made a $5 million Bitcoin purchase. The firm has been actively accumulating BTC as part of its “Bitcoin-first” strategy. Over the past three months, it has invested $40 million into Bitcoin and has plans to increase this to $120 million using reserves, an ATM facility, and $19 million in crypto-backed loans from Arch Lending.
Genius Group is emulating the strategy of MicroStrategy, the largest corporate Bitcoin holder. The company’s director, Thomas Power, believes that with a Bitcoin-first strategy, Genius Group will be among the first NYSE American listed companies to fully adopt MicroStrategy’s Bitcoin strategy for the benefit of its shareholders.
