Genius Group Expands Bitcoin Reserves by 52% Following Court Ruling

According to BlockBeats, Genius Group, a publicly traded company, has announced an increase in its Bitcoin reserves by 52%, bringing the total to 100 Bitcoins. This move follows a favorable decision by the U.S. Court of Appeals on May 6, which reinstated the company's Bitcoin reserve expansion plans. The recent purchase amounted to $10.06 million, with an average price of $100,600 per Bitcoin. Genius Group continues to aim for a reserve target of 1,000 Bitcoins.