Genius Group said it has restarted purchases for its Bitcoin treasury, buying 10 BTC for about $854,000 between Oct. 2 and Oct. 5. The company said the average purchase price was $85,364 per coin.
The move marks a return to a strategy that had been interrupted by legal limits on the company’s ability to carry out capital activity. According to the source report, a court ruling removed the injunction that had previously blocked the company from issuing shares, raising funds and buying Bitcoin.
Buying restarts after legal pause
The company’s latest purchase follows a period in which its Bitcoin treasury plans were effectively on hold. The source report said the U.S. Court of Appeals for the Second Circuit vacated a preliminary injunction on Aug. 31, clearing the way for Genius Group to resume actions tied to financing and treasury management.
That injunction had prevented the company from issuing shares, raising capital and purchasing Bitcoin. With that restriction lifted, Genius Group has now resumed buying, starting with a 10 BTC acquisition spread across four days in early October.
A small purchase with broader significance
In absolute terms, the latest buy is modest compared with the holdings and buying pace seen at larger corporate Bitcoin holders. Even so, the purchase is significant for Genius Group because it signals that the company is reactivating a treasury strategy that had been stalled rather than abandoning it.
The source article described the restart as a deliberate effort to put Bitcoin back into the company’s capital-allocation framework alongside its AI-focused business and assets. That makes the transaction more important as a policy signal than as a large immediate expansion of reserves.
Treasury strategy and balance-sheet risk
The report said Genius Group intends to build from this restart toward larger treasury ambitions, with Bitcoin remaining one of the pillars of its broader allocation strategy. No additional purchase timetable or target size was provided in the source material.
As with other companies that hold Bitcoin on their balance sheets, the approach can strengthen reserves if the asset rises in value, but it also introduces mark-to-market volatility if prices fall. That trade-off remains central to how shareholders may assess any future expansion of the company’s Bitcoin treasury.
What comes next
The next confirmed step is that Genius Group has resumed buying after the court decision and completed its first disclosed post-injunction purchase. Whether that develops into a materially larger treasury position will depend on the company’s follow-through after this initial 10 BTC transaction.
For now, the clearest established facts are the timing and size of the purchase, the average price paid, and the legal change that allowed the company to restart the strategy.
Source: www.newsbtc.com