Genius Group Pumps Up Bitcoin Treasury by 52% After Court Lifts Ban

Singapore-Based Edutech Giant Charges Towards 1,000 BTC Goal

Holy Bitcoin, Batman! Genius Group just upped its crypto game, boosting its Bitcoin stash by a whopping 52% after a U.S. court gave them the green light to start buying again. And guess what? They're not stopping until they hit their dream of holding 1,000 BTC!

Yeah, you heard that right. This Singapore-based, AI-powered education powerhouse, listed on the NYSE American, isn't messing around when it comes to stacking sats. They've been chomping at the bit to buy more Bitcoin, and now they're back in the game with a vengeance.

CEO Roger Hamilton dropped the news on X like a boss, revealing that they scooped up an extra 34 BTC over the past month. That brings their total corporate treasure chest to a cool 100 BTC. And get this—they snagged those coins at an average price of $100,600 each, dropping a cool $10.06 million on their Bitcoin bet.

The buying frenzy kicked off again after the U.S. Court of Appeals threw out a previous ban on May 6. That old restriction came from a New York District Court ruling on March 13, which slammed the brakes on Genius Group's Bitcoin buys due to some legal drama surrounding their merger with Fatbrain AI. But now, it's full steam ahead for Genius Group's Bitcoin train!

With the court shackles off, the company is doubling down on their long-term goal of building a 1,000 BTC war chest:

"We're stoked to be back in the driver's seat, managing our company's cash the way our Board and shareholders want. Hitting 100 Bitcoin is a huge milestone on our road to 1,000 BTC," CEO Roger Hamilton declared in the announcement, dropping the mic like a true Bitcoin boss.

But wait, there's more! Genius Group isn't the only one riding the Bitcoin wave. The Blockchain Group just announced they raised an extra €7.2 million (that's about $7.7 million, folks) to fuel their mission of becoming Europe's top Bitcoin treasury firm. Talk about some serious corporate Bitcoin adoption!

Over in Japan, Metaplanet is flexing their Bitcoin muscles too, hitting their 2025 target of 10,000 BTC after snagging an additional 1,112 BTC. And let's not forget about Michael Saylor's Strategy in the U.S., which just added another 10,100 BTC to their already massive Bitcoin stash.