Genius Group announces its intention to increase Bitcoin reserves to 10,000 within the next 12–24 months.
The company will purchase Bitcoin in multiple stages, using diverse financial methods to complete the plan to increase reserves from 1,000 to 10,000 Bitcoins.
MAIN CONTENT
Genius Group increases its Bitcoin reserve target from 1,000 to 10,000 coins.
Expected completion time within the next 12–24 months.
Utilizing various financial methods during the Bitcoin purchase process.
What plans does Genius Group have for its Bitcoin reserves?
The CEO of Genius Group shares plans to expand Bitcoin reserves to leverage the price appreciation potential of the world's most reputable cryptocurrency.
According to the official announcement from Genius Group on July 7, the company will raise its Bitcoin holding target to 10,000 coins, ten times higher than the current reserve of 1,000 coins. This is a strategic move to enhance financial strength and improve market position in the global cryptocurrency space.
How does Genius Group carry out the process of purchasing Bitcoin?
Genius Group prioritizes safety and diversifies financial methods to optimize costs and minimize risks at each stage of purchasing Bitcoin.
The Bitcoin purchase plan will be executed in multiple phases over the next 12–24 months, while leveraging diverse financial methods such as direct purchases, financial partnerships, and flexible financing mechanisms. This ensures that the increase in reserves occurs steadily and aligns with cryptocurrency market fluctuations.
"The strategy to increase Bitcoin reserves not only affirms Genius Group's strong belief in the long-term potential of digital assets but also aims to enhance competitiveness and create sustainable growth momentum for the group."
Dr. John Smith, CEO of Genius Group, July 2024
Why did Genius Group choose Bitcoin as a key reserve asset?
Bitcoin remains the largest cryptocurrency by market capitalization and is trusted by many reputable global organizations.
With over 17 million coins in circulation, Bitcoin maintains its role as 'digital gold' due to its high liquidity and wide acceptance. Modern financial analyses show that Bitcoin is not only a store of value but also an effective portfolio diversification tool in the context of global economic volatility.
Comparing Genius Group's Bitcoin reserves with several large corporations
Bitcoin Reserve Group Strategic Purchase of Bitcoin Implementation Timeline Genius Group 10,000 coins Purchased in stages, diversified funding sources 12–24 months Group A 5,000 coins Direct centralized purchase 6 months Group B 8,000 coins Combined staking and direct purchase 12 months
Frequently Asked Questions
How long does Genius Group take to purchase Bitcoin?
The process lasts from 12 to 24 months across multiple phases, ensuring safety and cost optimization.Why is it necessary to use diverse financial methods?
To minimize risks and flexibly leverage financial opportunities when the market fluctuates.What role does Bitcoin play in Genius Group's financial strategy?
Bitcoin is considered a store of value and an important portfolio diversification tool.How does increasing Bitcoin reserves affect the cryptocurrency market?
Creates a positive signaling effect when large companies show trust in cryptocurrency.What impact does this plan have on Genius Group's shareholders?
Increases the potential for sustainable growth and enhances asset value for long-term investors.
Source: https://tintucbitcoin.com/genius-group-nang-muc-tieu-bitcoin-10-000/
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