Genius Group announced its results report: It has repaid all BTC loans, has reserves reaching 440 and will continue to increase its holdings."
According to online reports, Genius Group, a company listed on the New York Stock Exchange, announced its 2024 financial results report. The net asset value (NAV) increased from US$19.7 million in 2023 to US$79.4 million. The company expects revenue in 2025 to reach US$10 million to US$13 million. The current bitcoin reserves reach 440, and will continue to increase its holdings of bitcoin in 2025. In addition, Genius Group disclosed that it had repaid all Bitcoin loans (approximately US$20.9 million) and that the company was currently debt-free in order to release and transfer Bitcoin from its U.S. custody to Singapore.
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