
Genius Group Expands Bitcoin Reserves Amid Blockchain Education Strategy
Singapore-based edtech company Genius Group has increased its Bitcoin holdings to 200 BTC, reflecting its strategic intent to build a substantial bitcoin treasury. The company announced that it acquired an additional 20 BTC on July 18, acquiring each at an average price of approximately 9.5% to 12.9% below the prevailing market rate, which ranged between $117,000 and $120,600 at the time. The total expenditure for this batch was around $2.14 million, while the accumulated value of these Bitcoins was approximately $2.35 million, generating a gross profit of roughly $216,000.
The company’s broader vision involves significantly expanding its bitcoin reserves, setting targets of reaching 1,000 BTC by the end of 2025 and ultimately 10,000 BTC within the next two years. This aggressive accumulation aligns with its long-term plans to leverage blockchain technology for educational initiatives, a move supported by recent legislative developments in the United States. The passage of the GENIUS Act, which creates a regulatory framework for stablecoins and digital assets, is expected to facilitate this expansion.
Genius Group also intends to pursue licenses under new US regulations, including a permitted payment stablecoin issuer license and a digital asset service provider license. The licenses are part of its strategy to transform its innovative education platform, Genius Academy, into a blockchain-enabled ecosystem. The platform’s merit rewards system, GENIUS Education Merits (GEMs), currently awarded as tokens equivalent to one satoshi of Bitcoin, could be transitioned into a stablecoin for use within the ecosystem if permitted.
The company’s growth plans involve enabling direct stablecoin payments to digital wallets for educators and students, streamlining transactions and increasing efficiency. Furthermore, Genius Group aims to develop on-chain courses and certifications that, if authorized, would be recognized as regulated digital assets, thereby strengthening intellectual property rights on the blockchain.
The upcoming regulations are expected to benefit Ethereum significantly, as most tokenized stablecoins are built on its platform, supporting the ecosystem’s expansion and stability. Overall, these developments mark a substantial step in integrating blockchain technology into educational and financial services.