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Genius Group buys 10 BTC for $854K, restarting Bitcoin treasury purchases.

Protocol Fundamentals
07 Oct 2026
Tokenpost
View Source
Bullish
Genius Group buys 10 BTC for $854K, restarting Bitcoin treasury purchases.

Genius Group has resumed its Bitcoin treasury accumulation by purchasing 10 BTC for about $854,000 between October 2 and 5, at an average price of $85,364 per coin. This marks the company's return to Bitcoin after selling off its reserves in April. The purchase is part of Genius Group's dual-treasury strategy, which allocates capital to both Bitcoin and artificial intelligence assets. The company is listed in the U.S. and aims to balance its investments between these two sectors moving forward.

Genius Group's recent Bitcoin purchase provides context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Oct 07, 2026 19:23 WIB: out of 50 major cryptocurrencies, only 5 rose while 44 fell. Among notable movers, GRT fell 8.49% to Rp483 with a typical hold time of 98 days and 74% sell order activity; SUSHI dropped 8.48% to Rp4,210 with 65% sell orders; and XTZ declined 8.22% to Rp5,502 with 95% sell orders.

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