U.S. Public Companies Expand Bitcoin Holdings
- Genius Group increased its bitcoin holdings to $35 million, acquiring 372 BTC.
- The average purchase price for Genius Group was $94,047 per bitcoin.
- Genius Group announced a rights offering potentially raising $33 million.
- Ming Shing Group purchased 500 BTC at an average price of $94,375 per bitcoin.
- Ming Shing Group’s shares rose by 43% year-to-date.
Genius Group and Ming Shing Group are among the U.S.-listed companies expanding their bitcoin holdings, with Genius acquiring 372 BTC and Ming Shing purchasing 500 BTC.