The latest news in Bitcoin adoption by U.S.-listed public companies includes Genius Group (GNS), which reported purchasing $35 million worth of Bitcoin ahead of its scheduled target of $120 million. GNS acquired 372 BTC at an average price of $94,047 per bitcoin. GNS also announced a rights offering that could generate $33 million and its founder and CEO plans to buy 500,000 shares. Additionally, Ming Shing Group (MSW), a wet trades works service provider, purchased 500 BTC at an average price of $94,375 per bitcoin. This new wave of Bitcoin treasury adoption has seen four companies announcing Bitcoin purchases and seven companies announcing a strategic approach.
- Content Editor ( coindesk.com )
- 2025-01-15
Corporate Bitcoin Adoption Forges Ahead as More Listed Firms Ride the Wave