Genius Group Limited, recognized by its stock ticker as
GNS, is ambitiously expanding its cryptocurrency involvement, with a new focus on Bitcoin as its primary treasury asset. Following an initial purchase of 110 Bitcoin, the company is now holding 214 Bitcoins, amounting to roughly $14 million. This
Bitcoin-first strategy significantly spiked the firm's stock value, seeing a surge of 66% in one trading session. Should Genius Group materialize its plan, it is expected to amass up to $120 million in cryptocurrency holdings, marking an impressive stride in the AI sector's growing interplay with digital currencies. Subsequently, these maneuvers have prompted heightened speculation around its native
GNS Coin. Known as Gains Network, predictions for GNS's value by 2023 suggest an optimistic forecast of a $10 value per coin. However, these projections hinge on several factors, including the coin's imminent fate given recent crypto delistings announced. Despite calamities in their stock prices, companies like Genius Group Limited remain bullish about the future of cryptocurrencies, reflecting the sector's tremendous growth potential and influence in the finance industry.
GNS Coin News Analytics from Tue, 30 Oct 2018 07:00:00 GMT to Tue, 31 Dec 2024 11:02:11 GMT -
Rating 8
- Innovation 7
- Information 7
- Rumor -4
