On October 7, NewsBTC reported that AI education company Genius Group announced on October 6 the resumption of its Bitcoin purchases. Between October 2 and October 5, the company acquired 10 Bitcoins for approximately $854,000, with an average price of about $85,364 per coin. This purchase marks the restoration of its funding strategy, which had previously been interrupted due to legal restrictions. The company was under an initial injunction that prohibited it from issuing stock, raising funds, and purchasing Bitcoin. The U.S. Second Circuit Court of Appeals lifted this injunction on August 31, removing the restrictions and allowing the company to resume its funding plans. Management has identified Bitcoin as one of the pillars of its funding strategy alongside AI assets, with ambitious long-term goals; however, the report notes that these goals should not be confused with existing assets on the balance sheet. If Bitcoin appreciates, the reserves could enhance the asset side; if it depreciates, the company will face market value fluctuations that are largely unrelated to the day-to-day operations of its education business.