🟦AI development company Genius Group is making a radical change to its investment strategy, allocating 90% of its reserves to Bitcoin. Following a board restructuring, the company plans to invest $120 million into the leading cryptocurrency.
🟦This decision comes after a challenging period for Genius Group, with its stock price falling below $0.60. An ongoing lawsuit could result in compensation exceeding $250 million.
🟦Genius Group’s strategy extends beyond Bitcoin investments. The company plans to integrate Bitcoin as a payment method on its educational platform and expand cryptocurrency education programs using AI tools.