⇑ GNS Coin's Future Outlook Amid Genius Group's Pioneering Bitcoin-First Treasury Strategy
Genius Group Limited , recognized by its stock ticker as GNS , is ambitiously expanding its cryptocurrency involvement, with a new focus on...
The Genius Group is expanding its Bitcoin treasury holdings, with targeted investments up to $120 million. After adopting Bitcoin as a primary treasury asset, signals indicate an uptick in their shares by 50%. According to AMEX: GNS, their stock experienced a surge over 20% in the pre-market following an initial gain of 66% after Genius Group adopted the Bitcoin-first strategy for its treasury assets.
Even after a stock crash, Genius Group has boldly planned a Bitcoin strategy that looks promising. In a recent revelation, Genius Group expanded its Bitcoin treasury by an additional 40% resulting in an overall purchase of 153 Bitcoins accumulating to a $14M value. The AI start-up continues to utilize Bitcoin as its flagship treasury asset.
Surprisingly, the company's adoption of the Bitcoin-first treasury strategy did not only attract the interest of the market but also led to a sudden surge of shares by 66%. The GNS coin shares a live chart price on the market cap and has managed to maintain a steady increase since its introduction to the crypto market. It's noteworthy that the GNS coin belongs to the Gains Network and has drawn speculations about when it may hit a $10 value by 2023.
Overall, the Genius Group remains committed to its bold Bitcoin strategy and this is evident in the purchase of $120M Bitcoin recently. As a customer-focused company, the Genius Group emphasizes the value of Man-Machine Collaboration and their belief in the vast potential of the GNS Coin presents a promising future.
GNS Coin News Analytics from Fri, 28 Aug 2020 07:00:00 GMT to Wed, 11 Dec 2024 09:41:51 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor -2