More publicly traded companies are riding the wave of corporate Bitcoin adoption.

Bitcoin adoption continues to expand among U.S.-listed public companies, with several organizations making notable moves in the cryptocurrency space.

The latest company to join the trend is Genius Group (GNS), which is listed on the NYSE. On January 10, GNS announced that it had increased its bitcoin holdings to $35 million, exceeding its original target of $120 million. The company acquired 372 BTC at an average price of $94,047 per bitcoin. This acquisition aligns with its “Bitcoin-first” strategy, which was first introduced in November 2024.

In addition to the bitcoin purchase, GNS also revealed a rights offering that allows shareholders to purchase additional shares at a discounted price. If fully subscribed, the offering could generate $33 million. GNS’s founder and CEO, Roger Hamilton, intends to participate in the offering, buying 500,000 shares. The company is also considering loan financing to further boost its bitcoin holdings. As a result of the announcement, GNS shares saw a 7% increase on Tuesday.

In a similar move, Nasdaq-listed Ming Shing Group (MSW), a provider of wet trades services, also made a significant purchase of 500 BTC at an average price of $94,375 per bitcoin. MSW shares have surged by 43% year-to-date.

This wave of corporate bitcoin adoption continues to grow, with four publicly traded companies now holding bitcoin and seven others announcing plans to acquire the digital asset in the future. While no new acquisitions have been made yet, the increasing corporate interest highlights the ongoing trend of integrating bitcoin into corporate treasury strategies.