Roger James Hamilton on 110 Bitcoin for $10 million

Latest $GNS News: Genius Group launches Bitcoin Treasury with purchase of 110 Bitcoin for $10 million

SINGAPORE, Nov. 18, 2024 (GLOBE NEWSWIRE) — Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, today announced that it had completed the purchase of 110 Bitcoin for $10 million, at an average price of $90,932 per Bitcoin.

The purchase follows the Company’s announcement on November 12 of its “Bitcoin-first” strategy in which it is committing 90% or more of its current and future reserves to be held in Bitcoin, with an initial target of $120 million in Bitcoin. The $10 million of Bitcoin purchased since the announcement is the first of ongoing purchases the Company intends to make towards its target.

Roger Hamilton, Genius Group’s CEO will be hosting a Podcast as part of its Bitcoin & Blockchain Education Series at 9.00am Eastern Time on Tuesday, November 19.

He will be joined by Genius Group Board Members & Blockchain Experts Thomas Power & Ian Putter. They have had extensive experience working with CEOs and CFOs in building blockchain based businesses and accounting for Bitcoin on company balance sheets. The intention of the Podcast is to provide information and guidance to other companies considering Bitcoin as a Treasury Reserve. The Podcast can be viewed live here: youtube.com/live/0EMQQ6bPO…

Podcast Takeaways:

1. Forecasts on the future of both Bitcoin and fiat money.

2. Why Bitcoin will be the currency layer for AI and the robot revolution.

3. Michael Saylor’s Microstrategy story as the pioneer of the Bitcoin Treasury.

4. Genius Group’s Bitcoin Treasury plan and 10 step plan.

Roger Hamilton, CEO of Genius Group, said “When Genius Group decided to adopt Microstrategy’s Bitcoin treasury plan, there was no clear guidelines available for companies to easily follow. We believe with the information our Podcast will provide, more companies will see the benefits of establishing a Bitcoin treasury, and will be equipped with the clear steps to follow.”

Link to Press Release: