Genius Group's Stock Price Soars 66% After Unveiling "Bitcoin First" Financial Strategy

BlockBeats News, November 13th. According to Cointelegraph, Genius Group Limited saw its stock price surge 66% in one day after committing to adopt a strategy similar to MicroStrategy's "Bitcoin-first" strategy, which will make cryptocurrency its primary asset. Google Finance data showed that Genius Group (GNS) closed at $1.05 on November 12th, marking a 66.4% increase, and continued to rise to $1.71 in after-hours trading.

BlockBeats reported yesterday that Genius Group plans to implement a Bitcoin-first financial strategy, intending to allocate over 90% of its reserves to Bitcoin, launch a Web3 education series, and enable Bitcoin payments on its Edtech platform. Genius Group is a Singapore-based EdTech company focused on providing personalized and innovative educational solutions.