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AI Firm Genius Group Follows MicroStrategy, Buys $120M in Bitcoin

Coinpedia LogoCoinpedia1w ago

AI Firm Genius Group Follows MicroStrategy, Buys $120M in Bitcoin - Coinpedia

Quick Summary:

On November 12, 2024, GNS announced that the firm had adopted Bitcoin (BTC) as its treasury asset.

This announcement suggests that the world is beginning to adopt cryptocurrency, indicating a strong bullish sentiment for the long term.

Following this report and the news of the acquisitions, the BTC price recovered impressively after experiencing a decline of more than 5%.


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AI Firm Genius Group Follows MicroStrategy, Buys $120M in Bitcoin - Coinpedia (Picture 1)

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Article Details

Author / Journalist: Chandan Gupta

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 18:56:10 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 328 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23558203

View Article Analysis

About Coinpedia

Coinpedia Logo

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 29 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "AI Firm Genius Group Follows MicroStrategy, Buys $120M in Bitcoin" has 328 words across 17 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Which news outlet covered this story?

The story "AI Firm Genius Group Follows MicroStrategy, Buys $120M in Bitcoin" was covered 1 weeks ago by Coinpedia, a news publisher based in United States.

How trustworthy is 'Coinpedia' news outlet?

Coinpedia is a fully independent (privately-owned) news outlet established in 2016 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 29 news stories per day.

It's most recent story was published 9 hours ago.

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The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

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  • News ID: #23558203
  • URL: https://beamstart.com/news/ai-firm-genius-group-follows-17314377885235

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