Genius Group, a Singapore-based AI-powered education firm, has doubled its Bitcoin (BTC) treasury to 200 BTC as part of a broader crypto adoption push fueled by the recently passed GENIUS Act in the United States. The acquisition marks a pivotal step in the company’s plan to build a 10,000-BTC reserve within two years.
Discounted BTC Acquisition Raises Eyebrows
In a July 18 announcement, Genius Group disclosed the purchase of 20 BTC at an average price of $106,812, significantly below that day’s market rate of $117,000 to $120,600. The firm spent $2.14 million on Bitcoin now worth $2.35 million, netting an unrealized gain of approximately $216,000, or 9.8%.
The source of the discounted acquisition remains unclear, as the company did not respond to requests for clarification.
The new purchase follows a 34 BTC acquisition in June, signaling consistent commitment to crypto treasury growth. Genius Group aims to hold 1,000 BTC by end-2025 and 10,000 BTC by 2027, citing the GENIUS Act as a key enabler of its long-term crypto strategy.
Blockchain Education and Token Incentives
Genius Group operates Genius Academy, a blockchain-based learning platform that issues Genius Education Merits (GEMs)—digital rewards equivalent to one Satoshi. While currently non-convertible to fiat or crypto, GEMs function like airline miles, and the firm intends to convert them into a stablecoin pending regulatory approval.
Under the GENIUS Act, Genius plans to apply for two key U.S. licenses:
- A Permitted Payment Stablecoin Issuer (PPSI) license.
- A Digital Asset Service Provider (DASP) license.
These licenses would enable the company to issue a regulated stablecoin for in-app payments and onchain credentialing, potentially transforming GEMs into fully recognized blockchain-based digital assets.
GENIUS Act Spurs Ethereum and Institutional Growth
The GENIUS Act has laid a regulatory foundation for stablecoin issuers, mandating 1:1 reserves, banning algorithmic stablecoins, and offering senior creditor rights for holders in bankruptcy scenarios. Ethereum is expected to benefit most, as over 90% of stablecoins are built on its infrastructure.
Outlook
By leveraging the GENIUS Act, Genius Group is aligning its crypto treasury strategy with blockchain-powered education, positioning itself at the intersection of Web3 finance and digital learning. With regulatory clarity improving, its Bitcoin-first, Ethereum-aligned model could serve as a new blueprint for edtech in the crypto era.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.