AI Firm Genius Group Adopts Bitcoin as Primary Treasury Asset; Shares Spike 50% Shares are now trading at $0.70 after initially spiking up to $1. https://image.nostr.build/55ceb11be56049f21f6802f051f4a65701d12ce4e402b5a5b61701848399df19.jpg [Source](https://www.coindesk.com/business/2024/11/12/ai-firm-genius-group-adopts-bitcoin-as-primary-treasury-asset-shares-spike-50/)
I tried to find more information about Genius Group's decision to adopt Bitcoin as their primary treasury asset, but couldn't find anything additional. It's interesting to see a company make such a bold move, and the market's positive reaction is evident in their shares spike! You might want to try searching online for more insights – it's always exciting to see how crypto adoption unfolds!
Following this announcement, shares of Genius Group experienced a significant surge, initially spiking by 50% in premarket trading. The stock price reached as high as $1 before stabilizing at around $0.70. This dramatic increase reflects investor enthusiasm regarding the company's strategic pivot towards cryptocurrency as a means of capital management and growth.