Corporate Crypto and Bitcoin Moves: MicroStrategy, $5M Buy, $10B Vote, Treasury Pressure

Genius Group Boosts Bitcoin Holdings to 372 BTC with $5 Million Purchase

Genius Group has strengthened its "bitcoin first" strategy with a recent $5 million purchase, raising its total Bitcoin holdings to 372 BTC, valued approximately at $35 million, with an average purchase price of $94,047 per BTC. This move aligns with the company's commitment to allocate 90% of its reserves in Bitcoin, targeting a total of $120 million in BTC. Within two months of announcing this strategy, Genius Group has already achieved 25% of its goal. As of January 9, 2025, the company's market capitalization is reported at $42 million, based on 66 million shares priced at $0.64 each, resulting in a bitcoin-to-price ratio of 83%. Additionally, Genius Group has increased its bitcoin loans with Arch Lending from $10 million to $14 million, positioning the loan-to-value ratio at 40%, further solidifying its commitment to Bitcoin as a central asset in its corporate treasury strategy.

MicroStrategy Plans $10B Share Authorization Vote on January 21 to Expand Bitcoin Holdings

MicroStrategy Inc. is scheduled to hold a crucial shareholder meeting on January 21, 2024, to vote on significant amendments aimed at expanding its Bitcoin treasury. The proposed amendment seeks to increase the Class A common stock from 330 million to 10.33 billion shares, a strategic move to reinforce its Bitcoin holdings as part of the 21/21 Plan initiated in October 2024. Additionally, shareholders will decide on the expansion of preferred stock from 5 million to 1.005 billion shares. With current share values around $331, if approved, MicroStrategy stands to raise considerable capital for further Bitcoin acquisitions. This initiative is seen as a pivotal step in solidifying the company’s position as the largest corporate Bitcoin holder while enhancing its overall financial capabilities and market activities.

Meta Urged to Adopt Bitcoin for Corporate Treasury Amid Growing Institutional Interest

Ethan Peck, representing the National Center for Public Policy Research, has submitted a proposal urging Meta to integrate Bitcoin into its corporate treasury, similarly to initiatives directed at Microsoft and Amazon. This proposal emphasizes Bitcoin’s inflation-resistant qualities, advocating for its adoption as a hedge against economic uncertainties. Citing successful adoption by companies like MicroStrategy, the proposal points out that MicroStrategy’s stock has outperformed the market by 2,191% over five years. The National Center previously suggested that Amazon allocate 5% of its assets to Bitcoin. The initiative underscores Bitcoin's fixed supply and its rising acceptance among institutional investors, positioning it as a strategic asset.

Heritage Distilling to Accept Bitcoin Payments and Hold Cryptocurrency as Strategic Asset

Heritage Distilling Company, listed on NASDAQ under the ticker CASK, announced its plans to accept cryptocurrency payments and hold it as a strategic asset. This initiative aims to enhance the company's position in the craft spirits market by allowing the acceptance of Bitcoin for online e-commerce transactions. CEO Justin Stiefel emphasized Heritage's innovative spirit, stating that the company is poised to lead the craft industry in cryptocurrency adoption. Before implementation, Heritage will develop a comprehensive policy plan for board approval, ensuring a structured approach to integrating cryptocurrency into its financial strategy. The company's entry into the cryptocurrency space reflects a growing trend among businesses to diversify payment options and incorporate digital assets into their treasury strategies. 

Semler Scientific Expands Bitcoin Holdings to 2,321 BTC with $23.3 Million Purchase

Semler Scientific has expanded its bitcoin holdings by acquiring an additional 237 bitcoins for $23.3 million between December 16, 2024, and January 10, 2025. This purchase brought the company's total holdings to 2,321 bitcoins, which have been acquired for an aggregate of $191.9 million at an average purchase price of $82,687 per bitcoin. The recent acquisition reflects Semler's bullish stance on the cryptocurrency market, with current holdings valued at approximately $221 million based on prevailing market prices. 

The funding for this purchase was sourced from proceeds generated through an at-the-market offering and the company's operating cash flow. Semler Scientific now ranks as the 13th largest public corporate holder of bitcoin, significantly behind MicroStrategy, which leads with 450,000 bitcoins. Following the announcement, Semler's stock saw an increase of 2.61% to close at $52.7, though it experienced a slight decline in after-hours trading.

Intesa Sanpaolo Purchases $1 Million in Bitcoin as First Direct Crypto Investment

Intesa Sanpaolo, Italy's largest bank, has made its first bitcoin purchase, acquiring 11 bitcoins for €1 million (approximately $1.03 million), marking a significant milestone as the first Italian bank to directly acquire cryptocurrency. The purchase, described by CEO Carlo Messina as "an experiment, a test," emphasizes a cautious approach towards digital assets amidst the bank's substantial $100 billion securities portfolio. This strategic move, authorized in late 2023, signifies the establishment of Intesa's crypto proprietary trading desk to facilitate direct trading in digital currencies, previously limited to crypto options and ETFs. 

Messina underscored the investment's insignificance compared to the bank's portfolio while suggesting readiness to cater to sophisticated client demands for cryptocurrency. Reports of the purchase emerged from an internal memo and were initially disclosed on the online platform 4Chan. Intesa's ongoing adaptation demonstrates a growing interest in digit.

Remixpoint Boosts Bitcoin Holdings to Nearly $32 Million with Latest Acquisition

Remixpoint, a Tokyo-listed energy consulting firm, has expanded its cryptocurrency investments by acquiring an additional 33.34 BTC, valued at approximately $3.2 million. This recent purchase brings the company's total bitcoin holdings to nearly 333.19 BTC, worth around $31.7 million. Since commencing its bitcoin strategy in September, Remixpoint has also accumulated notable amounts of other cryptocurrencies, including 1,391.3 ETH ($4.4 million), 6,724.5 SOL ($1.2 million), 513,060 XRP ($1.3 million), 19,468.9 AVAX ($694,650), and 1.15 million DOGE ($402,500). 

The firm is strategically investing in crypto assets to mitigate the risks associated with the depreciation of the Japanese yen. This approach mirrors that of industry leaders like MicroStrategy, which recently purchased 2,530 BTC, and Metaplanet, which aims to grow its bitcoin holdings to 10,000 BTC this year. Remixpoint’s stock has gained 12.7% since the beginning of 2025.

Genius Group Launches $33M Rights Offering to Boost Bitcoin Reserves Amid Market Volatility

Genius Group, an education company focused on Bitcoin, has announced a $33 million rights offering aimed at enhancing its Bitcoin reserves from $35 million to approximately $86 million. The strategic initiative reflects institutional confidence, with plans to allocate 90% of its reserves to Bitcoin and achieve a total Treasury valuation of $120 million. Shareholders as of January 24 will receive one right per share to subscribe to additional shares at $0.50 each. 

The rights will trade on NYSE starting January 23 and will expire on February 14. Recently, Genius has acquired 372 BTC at an average price of $94,047, with Bitcoin experiencing volatility between $89,000 and $97,000. CEO Roger Hamilton plans to purchase 6.8 million shares through the offering, increasing his ownership to 10.3%. This move underscores the company's commitment to Bitcoin amid market fluctuations, aligning with growing institutional interest in the cryptocurrency.