Crypto

AI Firm Genius Group Adopts Bitcoin as Primary Treasury Asset; Shares Spike 50%

In a recent statement, Thomas Power, a director of Genius Group, expressed his belief that Bitcoin is the primary store of value that will drive exponential technologies forward. He referenced Michael Saylor and Microstrategy’s advocacy for public companies to invest in Bitcoin as their primary treasury reserve asset, a case that Genius Group fully endorses.

Power’s remarks highlight the growing recognition of Bitcoin’s potential to serve as a secure and reliable store of value in an increasingly digital world. As more companies and individuals embrace Bitcoin as a strategic asset, its role in powering exponential technologies is expected to strengthen.

With its decentralized nature and limited supply, Bitcoin offers unique advantages as a store of value compared to traditional assets. Its ability to provide financial security and stability in uncertain times makes it an attractive option for companies looking to diversify their treasury reserves.

As the adoption of Bitcoin continues to grow, its impact on the development and proliferation of exponential technologies is poised to expand. The endorsement from industry leaders like Power underscores the confidence in Bitcoin’s ability to drive innovation and growth in the digital economy.

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Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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