Genius Group Commits to Bitcoin Treasury: 90% Reserves to Be Held in BTC
In a powerful show of confidence in Bitcoin, Genius Group, an AI and education tech company, has announced it will commit 90% of its current and future reserves to Bitcoin, making it a primary pillar of its financial strategy. This bold decision includes an initial acquisition of $120 million in BTC and follows a recent board-level restructuring to bring in leaders with strong crypto backgrounds, signaling a deep commitment to the world of digital assets.
Trump Elected: Bitcoin Market Pumps 9% as Investors Eye Bitcoin-Friendly Administration
With the announcement of Donald Trump’s election, the bitcoin market surged, sending Bitcoin up 9% on the news. The enthusiasm wasn't limited to Bitcoin alone; MicroStrategy, known for its bullish stance on Bitcoin and 252,000 bitcoin treasury, saw a 12% jump in after-hours trading as investors anticipated renewed momentum for Bitcoin adoption under a Trump-led administration. But why exactly is the Bitcoin community so optimistic, and what role could influential allies like Robert F. Kennedy Jr. play?
Cartwright Leads the Charge: UK Pension Funds Dive into Bitcoin
In a bold and pioneering move, Cartwright, a leading UK pension advisory firm, has broken new ground by advising a pension scheme to allocate 3% of its assets into Bitcoin. This marks a historic first for UK pension funds, and Cartwright is now urging other institutional investors to take note and follow suit.
Canadian Firm Kontrol Technologies Adds Bitcoin to Balance Sheet: Share Price Jumps 26% on the News
In an exciting turn for corporate treasury strategy, Canadian-based Kontrol Technologies has officially announced Bitcoin as the latest addition to its balance sheet. The announcement sparked immediate investor interest, with Kontrol’s stock price jumping 26% following the news.