NYSE-listed Genius Group (GNS) has ramped up its Bitcoin holdings to $35 million, surpassing its initial target of $120 million. The company acquired 372 BTC at an average price of $94,047 per bitcoin. GNS also launched a rights offering, potentially generating $33 million if fully subscribed. CEO Roger Hamilton plans to participate by purchasing 500,000 shares. Meanwhile, Nasdaq-listed Ming Shing Group (MSW) invested $47 million in Bitcoin, buying 500 BTC at an average price of $94,375 per bitcoin. MSW’s shares have surged 43% year-to-date. These moves are part of a broader trend where four publicly traded companies have announced Bitcoin purchases, and seven have declared a strategy to adopt Bitcoin but have not yet made acquisitions.
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