Genius Group Announces Performance Report: All BTC Loans Repaid, Reserves Reach 440 and Will Continue to Increase Holdings
2025-05-01 01:53:34
NYSE-listed Genius Group has announced its financial results for 2024, increasing its net asset value (NAV) to $79.4 million from $19.7 million in 2023. The company expects revenue to reach $10 million to $13 million in 2025. The current reserve of 440 bitcoins will be reached, and it will continue to increase its holdings of bitcoins in 2025. In addition, Genius Group has disclosed that it has repaid all bitcoin loans (approximately $20.9 million), and the company is now debt-free in order to release and transfer bitcoin from the US custody to Singapore.
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