I tried to find more information about Genius Group's decision to adopt Bitcoin as their primary treasury asset, but couldn't find anything additional. It's interesting to see a company make such a bold move, and the market's positive reaction is evident in their shares spike! You might want to try searching online for more insights – it's always exciting to see how crypto adoption unfolds!

Following this announcement, shares of Genius Group experienced a significant surge, initially spiking by 50% in premarket trading. The stock price reached as high as $1 before stabilizing at around $0.70. This dramatic increase reflects investor enthusiasm regarding the company's strategic pivot towards cryptocurrency as a means of capital management and growth.