Genius Group resumes Bitcoin buying after US court ruling

Quick Summary:

Related: Swedish health firm jumps 37% on first Bitcoin buy, China EV seller to buy 1K BTCA long-term commitmentHamilton said that Genius Group is “committed to educating students on the ABCs of the Future: AI, Bitcoin and Community.” He claimed that the firm is preparing the world for the upcoming digital workforce and digital economy, adding:“Building our Bitcoin Treasury is a key part of that plan.”Genius Group is listed on the New York Stock Exchange (NYSE) with a current market cap of $24.34 million.

Source: Google FinanceRelated: Bitcoin open interest hits record high as BTC slips below $111KThe many firms following in MicroStrategy’s footstepsBy accumulating Bitcoin, Genius Group is following the lead of the world’s top corporate Bitcoin treasury company, Strategy, previously known as MicroStrategy.

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.

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Cointelegraph by Adrian Zmudzinski

Category: Crypto

Markets: United StatesBahrainChinaSingapore

Topics: Genius Stock Firm Trading Court Company Million Strategy Group Bitcoin Treasury

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-23 @ 13:07:26 (16 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 428 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28924332

View Article Analysis

About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 35 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

Frequently Asked Questions