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⇑ 'GNS Coin: Navigating Success with a Bitcoin-First Strategy'

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'GNS Coin: Navigating Success with a Bitcoin-First Strategy'
Genius Group Limited (GNS), an AI firm, has made a strategic move of embracing Bitcoin as its primary treasury asset - a decision that caused its shares to surge 50%. With an ambition to increase their Bitcoin Treasury to $120M, Genius Group has expanded its Bitcoin Treasury to $14M. This brave strategy comes in wake of its stock crashing. The company's conversion to a 'Bitcoin-first' treasury strategy resulted in boosted shares as the stock exploded by 66% in a single day. With such moves, GNS has seen similarities drawn with MicroStrategy's Bitcoin treasury plan, which was met with widespread attention. Currently, the Gains Network (GNS), an arm of Genius Group, is enjoying a surge in the crypto market, with predictions in place for significant increases in GNS price by 2023. High leverage, deep liquidity, and innovative tokenomics are expected to solidify its standing in DeFi standards. Among other developments, the Genius Group expanded its Bitcoin treasury by 40%, totalling a purchase of 153 Bitcoin for $14 million.

GNS Coin News Analytics from Thu, 28 Jan 2016 08:00:00 GMT to Thu, 21 Nov 2024 08:00:00 GMT - Rating 8 - Innovation 7 - Information 8 - Rumor -6

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