24/7 Market News Snapshot 02 December, 2024 – Genius Group Limited (NYSE:GNS)

December 2, 2024

DENVER, Colo., 02 December, 2024 (247marketnews.com) – (NYSE:GNS) are discussed in this article.
Genius Group Limited (GNS) has made significant strides in both market performance and strategic direction. On the trading front, GNS opened today at $0.721 and experienced a notable surge of approximately 11.32%, reaching a price of $0.822. This bullish trend, coupled with a trading volume of 8.48 million shares, reflects strong investor confidence and market interest in the company. Analysts suggest that this upward trajectory may persist if support levels remain intact and volumes continue to rise. Traders should keep a vigilant eye on upcoming resistance at around $0.85, while maintaining momentum above $0.80 could present further opportunities for growth.

In addition to its market performance, Genius Group has also announced an expansion of its Bitcoin investment strategy, underscoring its commitment to a Bitcoin-first approach. The company recently allocated an additional $1.8 million to its Bitcoin Treasury, increasing its total holdings to 172 Bitcoin, valued at approximately $15.8 million. This move is part of Genius Group’s broader strategy, which aims to allocate 90% or more of its reserves to Bitcoin, with an ambitious target of accumulating $120 million in Bitcoin holdings.

Looking ahead, Genius Group is poised to host an Investor Meeting at Bitcoin MENA 2024 on December 10 at 5:30 PM local time, where CEO Roger Hamilton will outline the company’s strategic plans for 2025. This meeting will also delve into the “Bitcoin-First” Treasury Strategy and the launch of the “Built on Bitcoin” decentralized education network, designed to integrate blockchain technology with advanced educational offerings.

As Genius Group continues to innovate at the nexus of education and cryptocurrency, it remains focused on delivering solutions that address the evolving needs of individuals and organizations globally.

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