{"id":137342,"date":"2025-05-24T08:00:53","date_gmt":"2025-05-24T08:00:53","guid":{"rendered":"https:\/\/teknomers.com\/en\/genius-group-restarts-bitcoin-accumulation-after-u-s-court-lifts-ban\/"},"modified":"2025-05-24T08:00:53","modified_gmt":"2025-05-24T08:00:53","slug":"genius-group-restarts-bitcoin-accumulation-after-u-s-court-lifts-ban","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/genius-group-restarts-bitcoin-accumulation-after-u-s-court-lifts-ban\/","title":{"rendered":"Genius Group Restarts Bitcoin Accumulation After U.S. Court Lifts Ban"},"content":{"rendered":"<p>In a significant development for the cryptocurrency community, \u00a0Genius Group\u00a0, an AI and education firm based in Singapore, has officially resumed its \u00a0Bitcoin\u00a0 purchases. This renewed interest follows a favorable ruling from a U.S. court that lifted restrictions temporarily barring the company from expanding its crypto holdings. This legal victory signals a pivotal moment for Genius Group as it aims to rebuild its Bitcoin treasury.<\/p>\n<h2 class=\"wp-block-heading\"><span id=\"h-genius-group-resumes-bitcoin-strategy-aims-for-1-000-btc-after-legal-victory\">Genius Group Resumes Bitcoin Strategy, Aims for 1,000 BTC After Legal Victory<\/span><\/h2>\n<p>On May 22, \u00a0Genius Group\u00a0 made headlines by announcing the acquisition of \u00a024.5 Bitcoin\u00a0, elevating its total holdings to \u00a085.5 BTC\u00a0. The purchase occurred at an average price of \u00a0$99,700 per Bitcoin\u00a0, bringing the firm\u2019s total Bitcoin investment to approximately \u00a0$8.5 million\u00a0. This substantial increase reflects a \u00a040% growth\u00a0 in its holdings since the court&#8217;s ruling, indicating the company\u2019s aggressive strategy in the cryptocurrency market.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f525.png\" alt=\"\ud83d\udd25\" class=\"wp-smiley\" style=\"height: 1em;max-height: 1em\" \/>JUST IN: Singapore\u2019s Genius Group buys another 24.5 Bitcoin.<br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\" alt=\"\u2705\" class=\"wp-smiley\" style=\"height: 1em;max-height: 1em\" \/> Now holds 85.5 <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$BTC<\/a><br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\" alt=\"\u2705\" class=\"wp-smiley\" style=\"height: 1em;max-height: 1em\" \/> 1,000 BTC target confirmed<\/p>\n<p>&mdash; Bitcoin Archive (@BTC_Archive) <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/BTC_Archive\/status\/1925538466722357714?ref_src=twsrc%5Etfw\" target=\"_blank\">May 22, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>The court&#8217;s decision to lift the previous restrictions stemmed from a ruling by the U.S. Court of Appeals. This ruling effectively blocked a preliminary injunction that had prohibited \u00a0Genius Group\u00a0 from utilizing investor funds for purchasing Bitcoin. Initially imposed earlier in the year, the injunction forced the company to suspend its Bitcoin strategy and liquidate a considerable part of its holdings.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em;max-height: 1em\" \/> A New York court restricts Genius Group from raising funds or buying Bitcoin, forcing the company to sell part of its Bitcoin treasury amid legal battles and financial strain.<a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">#Crypto<\/a> <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/hashtag\/Regulation?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">#Regulation<\/a><a rel=\"nofollow\" href=\"https:\/\/t.co\/Evr2bOXIQ7\">https:\/\/t.co\/Evr2bOXIQ7<\/a><\/p>\n<p>&mdash; Cryptonews.com (@cryptonews) <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/cryptonews\/status\/1907931523560734979?ref_src=twsrc%5Etfw\" target=\"_blank\">April 3, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>With the restrictions now lifted, Genius Group is prioritizing the expansion of its Bitcoin treasury and reaffirming its ambitious goal to acquire a total of \u00a01,000 BTC\u00a0, a target initially set back in November 2024. This renewed focus comes as the company had previously built its Bitcoin reserves from zero to \u00a0440 BTC\u00a0 by February 2025.<\/p>\n<p>During the period where operations were curtailed, Genius Group filed an amended \u00a0RICO lawsuit\u00a0 in the U.S. District Court for the Southern District of Florida. This legal action aims to seek damages from various entities that it says have disrupted its business and forced asset liquidations. &#8220;We are pleased to be able to begin the task of rebuilding shareholder value from the damage caused by the legal actions of third parties,&#8221; stated \u00a0Roger Hamilton\u00a0, CEO of Genius Group. He emphasized that building the firm&#8217;s Bitcoin treasury is a central element of that recovery strategy.<\/p>\n<p>In addition to its cryptocurrency initiatives, Genius Group is also advancing its educational projects. The company plans to launch its \u00a0Bitcoin Academy\u00a0 by the end of May, featuring renowned figures from the Bitcoin sector, including \u00a0Saifedean Ammous\u00a0, the author of *The Bitcoin Standard*. Hamilton highlighted the firm\u2019s commitment to educating students on the &#8220;ABCs of the Future: AI, Bitcoin, and Community,\u201d thereby aligning its goals with the evolving digital economy.<\/p>\n<p>Trading on the \u00a0NYSE\u00a0 under the ticker symbol \u00a0GNS\u00a0, Genius Group has firmly positioned itself at the intersection of \u00a0artificial intelligence\u00a0, Bitcoin, and community-focused education. With a user base spanning over \u00a05.8 million\u00a0 in more than \u00a0100 countries\u00a0, the company is poised for significant growth.<\/p>\n<p>As per \u00a0Google Finance\u00a0, Genius Group&#8217;s stock is currently trading at around \u00a0$0.34\u00a0, which reflects a decline of more than \u00a08%\u00a0 from the previous trading day and is less than half its price at the start of the year. This fluctuation in stock performance adds an additional layer of complexity to the firm\u2019s ongoing initiatives.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"421\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2025\/05\/23142421\/image-67-1024x421.png\" alt=\"\" class=\"wp-image-364368\"><figcaption class=\"wp-element-caption\"><em>Source: <a rel=\"nofollow noopener\" href=\"https:\/\/www.google.com\/finance\/quote\/GNS:NYSEAMERICAN\" target=\"_blank\"><em>Google Finance<\/em><\/a><\/em><\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\"><span id=\"h-corporate-bitcoin-treasuries-expand-as-list-of-btc-accumulators-expands\">Corporate Bitcoin Treasuries Expand as List of BTC Accumulators Expands<\/span><\/h2>\n<p>The decision by \u00a0Genius Group\u00a0 to recommence Bitcoin accumulation aligns it with a growing number of companies seeking to integrate BTC as a strategic treasury asset. This initiative is part of a broader trend initiated by \u00a0Strategy\u00a0 (formerly known as MicroStrategy), recognized as the largest corporate Bitcoin holder in the world. As of May 18, Strategy boasts \u00a0576,230 BTC\u00a0, valued at over \u00a0$40 billion\u00a0, acquired at an average price of \u00a0$69,726\u00a0 per coin. Recently, they secured another \u00a07,390 BTC\u00a0, spending nearly \u00a0$765 million\u00a0 at an average price of \u00a0$103,498\u00a0 per coin, thus yielding a \u00a016.3% return\u00a0 for the year.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f4ca.png\" alt=\"\ud83d\udcca\" class=\"wp-smiley\" style=\"height: 1em;max-height: 1em\" \/> Strategy Inc. has acquired 7,390 BTC for $764.9 million, bringing its total holdings to 576,230 BTC worth over $40 billion, as it doubles down on its bold Bitcoin-first strategy.<a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">#Bitcoin<\/a> <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/hashtag\/MSTR?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">#MSTR<\/a><a rel=\"nofollow\" href=\"https:\/\/t.co\/L2S6459LQJ\">https:\/\/t.co\/L2S6459LQJ<\/a><\/p>\n<p>&mdash; Cryptonews.com (@cryptonews) <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/cryptonews\/status\/1924488957255107047?ref_src=twsrc%5Etfw\" target=\"_blank\">May 19, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>The influence of \u00a0Strategy\u00a0 is notably spreading across various sectors. Recently, a Bahrain-listed catering company adopted a Bitcoin treasury strategy in collaboration with \u00a010X Capital\u00a0. Additionally, \u00a0Top Win\u00a0, a Hong Kong-listed luxury watchmaker, rebranded itself as \u00a0AsiaStrategy\u00a0 and experienced a share price surge of over \u00a060%\u00a0 following its announcement of a similar Bitcoin-first initiative. This trend underscores the increasing acceptance and institutional adoption of Bitcoin as a viable treasury asset.<\/p>\n<p><a href=\"https:\/\/teknomers.com\/en\/category\/finance\/\">Finance and Crypto News-10<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a significant development for the cryptocurrency community, \u00a0Genius Group\u00a0, an AI and education firm based in Singapore, has officially resumed its \u00a0Bitcoin\u00a0 purchases. This renewed interest follows a favorable ruling from a U.S. court that lifted restrictions temporarily barring the company from expanding its crypto holdings. This legal victory signals a pivotal moment for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":108984,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23832],"tags":[],"class_list":["post-137342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/137342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/comments?post=137342"}],"version-history":[{"count":0,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/137342\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media\/108984"}],"wp:attachment":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media?parent=137342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/categories?post=137342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/tags?post=137342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}