Genius Group resumes Bitcoin buying after US court ruling

Singapore-based artificial intelligence firm Genius Group has added more Bitcoin to its corporate treasury after being temporarily banned from doing so. In a May 22 announcement, Genius Group explained that it has resumed accumulating Bitcoin (BTC) following a favorable ruling by the US Court of Appeals. It follows Genius Group being temporarily barred from expanding its Bitcoin treasury after a US court order had banned it from selling shares, raising funds and using investor funds to buy more BTC. Genius Group announced it increased its Bitcoin Treasury 40% with the purchase of 24 source: https://cointelegraph.com/news/genius-group-buys-more-bitcoin-after?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound