PANews reported on November 12 that Genius Group, an artificial intelligence education institution headquartered in Singapore, announced that it has officially adopted the "Bitcoin First" strategy and made Bitcoin its main financial reserve asset. The company's board of directors approved investing more than 90% of existing and future reserves in Bitcoin, and plans to acquire $120 million in Bitcoin for long-term holding through $150 million in ATM funds. In addition, the company will globally support Bitcoin payments on its Edtech platform and launch the Web3 Wealth Renaissance Education Series to help students gain a deep understanding of Bitcoin and blockchain technology.