Genius Group Limited has increased its Bitcoin treasury to $35 million.

This purchase exceeded its completion ahead of schedule as part of its ongoing efforts to raise $120 million in Bitcoin holdings. According to To the company version.

The latest purchase comes just two months after a Singapore-based AI education company Announce “Bitcoin first” strategy in early November.

Genius Group added $5 million worth of Bitcoin (Bitcoin) bringing its total holdings to 372 BTC with an average holding price of $94,047 per BTC.

As of January 9, the company's Bitcoin treasury was worth $35 million, reflecting Bitcoin's current price of about $94,000.

With Genius Group's market capitalization of $42 million, its BTC/P/B ratio is 83%.

Additional loan from Genius Group

To further grow its Bitcoin treasury, Genius Group increased its loan with Arch Lending from $10 million to $14 million, while maintaining a loan-to-value ratio of 40%, according to the statement.

The company makes significant use of cryptocurrency-backed loans to fund its reserves without selling Bitcoin, in line with its strategy of allocating 90% or more of its reserves to Bitcoin.

Genius Group, which integrates AI solutions into education, considers Bitcoin a key component of its financial strategy. CEO Roger Hamilton He compared the company's approach Like other publicly traded companies that have adopted Bitcoin as a reserve asset, underscoring its potential as a “store of value” in the digital economy.

The company's "Bitcoin-first" strategy aligns with its broader plans to integrate blockchain technology into its AI-powered educational platforms. These plans include implementing on-chain attestations and reward systems using Bitcoin's Lightning Network.