⇑ 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...
AI Firm Genius Group has adopted Bitcoin as its primary Treasury Asset, causing a significant spike of 50% in its shares. The group expanded its Bitcoin treasury to $14M and is now aiming to acquire up to $120M in crypto holdings. The firm is also planning an aggressive Bitcoin strategy after experiencing a stock crash.
In pre-market trading, the stock of Genius Group (AMEX:GNS) surged 20% after it embraced the Bitcoin-first treasury strategy. The company's stock gained a respective 66% after it picked Bitcoin as its main treasury asset. In other news, the GNS Coin, coming from Gains Network saw a live price increase according to its chart, and market cap.
The AI company also saw an unexpected surge in its stock as it ventures towards a spinoff. Through GMX and GNS, 'Smart Money' managed to generate $3M in Ethereum. That said, Genius Group is raising the bar in the cryptocurrency race by increasing its Bitcoin treasury. The company grew its Bitcoin Treasury 40% to a total purchase of 153 Bitcoins for $14 million.
GNS Coin is now under the limelight as the topic of various price reviews and predictions. With many cryptocurrencies trending on Polygon, GNS is also gaining attention. Despite the popularity, the coin was recently delisted from a giant crypto exchange, which caused three other altcoins to fall hard as well.
GNS Coin News Analytics from Tue, 30 Oct 2018 07:00:00 GMT to Thu, 19 Dec 2024 13:34:29 GMT - Rating 6 - Innovation 3 - Information 8 - Rumor 4