AI education firm Genius Group plans to hold Bitcoin as a reserve asset, with an aim to have the coin make up 90% of its treasury. The company intends to purchase $120 million in Bitcoin as part of its new strategy, which reflects a significant shift in its corporate policy. Genius Group's stock price surged by 79% following the announcement, highlighting strong market interest. This move is reminiscent of MicroStrategy, which began accumulating large volumes of Bitcoin in 2020 and has seen substantial stock price increases as a result. The backdrop for this surge in interest is the recent explosion in Bitcoin's price, which reached new all-time highs after political developments in the U.S. Additionally, Genius Group has restructured its board to include experts in blockchain and Web3 technologies, strengthening its position in the cryptocurrency landscape. Overall, the company is leveraging Bitcoin's rising value as a primary store of wealth.

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