AI firm Genius Group’s Bitcoin holdings now worth more than its market cap

Singapore-based artificial intelligence company Genius Group has boosted its crypto holdings, purchasing by an additional $2 million to 440 Bitcoin for $42 million.

The Singapore-based AI and education company Genius Group now holds more Bitcoin (BTC) than its own market value. The company has increased its Bitcoin reserves to 440 BTC, adding another $2 million in purchases, it said in a Feb. 3 press release.

Genius has now spent $42 million on Bitcoin at an average price of $95,519 per BTC. But with Bitcoin trading at $104,893 as of Jan. 31, the company’s Bitcoin treasury is worth $46 million — while its own market cap sits at $33.1 million. That means each $100 in Genius stock technically holds $139 in Bitcoin.

“This gives the Company a BTC / Price ratio of 139%, with the ratio calculated by dividing the market value of the Company’s Bitcoin Treasury by its market cap. Based on this ratio, as at January 31, 2025, $100 of the Company’s equity includes $139 in Bitcoin in its Bitcoin Treasury.”

Genius Group

The latest buy follows Genius’ $5 million Bitcoin purchase weeks ago. The firm has been aggressively stacking BTC as part of its “Bitcoin-first” strategy. Over the past three months, it has put $40 million into Bitcoin and plans to increase that to $120 million using reserves, an ATM facility, and $19 million in crypto-backed loans from Arch Lending.

Genius is following the playbook of MicroStrategy, the largest corporate Bitcoin holder. Genius Group director Thomas Power believes that with Bitcoin-first strategy, the company will be “among the first NYSE American listed companies to fully embrace MicroStrategy’s Bitcoin strategy for the benefit of our shareholders.”