PANews reported on November 21 that according to Globenewswire, artificial intelligence company Genius Group (NYSE American: GNS) announced that it has increased its Bitcoin vault purchases by an additional $4 million to 153 coins, with a total value of $14 million and an average price of $91,372 per Bitcoin. The additional purchase of $4 million worth of Bitcoin came after the company announced its "Bitcoin First" strategy on November 12, which promised that 90% or more of its current and future reserves would be held in Bitcoin, with an initial target of $120 million in Bitcoin. The company subsequently announced on November 18 that it had purchased its first $10 million worth of Bitcoin. This purchase is the company's second purchase of Bitcoin in two weeks since the establishment of its Bitcoin vault.
Earlier in November, Genius Group announced that it had purchased 110 bitcoins for US$10 million .
