AI firm Genius Group’s Bitcoin holdings now worth more than its market cap

Genius Genius Genius Genius Genius Genius, based in Singapore, stimulated its participations, purchased from an additional $ 2 million to $ 440 for $ 42 million.

Singapore base IA And the Genius group of the Education Society now has more Bitcoin (BTC) that its own market value. The company increased its Bitcoin reserves to 440 BTC, adding an additional $ 2 million in purchases, he said in a February 3 press release.

Genius has now spent $ 42 million on Bitcoin at an average price of $ 95,519 per BTC. But with Bitcoin, which is negotiated at $ 104,893 on January 31, the company’s Bitcoin Treasury is worth $ 46 million – while its own market capitalization is $ 33.1 million. This means that each $ 100 in engineering actions technically contains $ 139 in Bitcoin.

“This gives the company a BTC / price ratio of 139%, the calculated ratio by dividing the market value of the company’s Bitcoin Treasury by its market capitalization. Based on this ratio, on January 31, 2025, $ 100 of the company’s equity included $ 139 in bitcoin in its Bitcoin treasure. »»

Geniuses

The last purchase follows The purchase of Bitcoin of $ 5 million in Genius weeks ago. The company aggressively stacked the BTC as part of its “Bitcoin-ST” strategy. In the past three months, he has placed $ 40 million in Bitcoin and plans to increase this to $ 120 million using reserves, an ATM installation and $ 19 million in cryptographic back loans from .

Genius follows the Playbook of Microstrategy, the biggest business bitcoin holder. The director of the Genius Thomas Power group believes that with the Bitcoin-First strategy, the company will be “among the first companies listed by the Americans of Nyse to fully adopt the Bitcoin strategy of Microstrategy for the benefit of our shareholders”.