Genius Group Adopts Bitcoin Treasury Reserve Strategy
Genius Group Limited Ordinary Shares (GNS)
Company Research
Source: GlobeNewswire
SINGAPORE, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered education and acceleration group, today announced that its Board has adopted a global “Bitcoin-first” strategy with Bitcoin to be the primary treasury reserve asset. The Board’s adoption of this new policy follows the recent restructuring of its Board to include experts in Blockchain and Web3 technologies. The Company’s Board of Directors have approved the following Bitcoin-first strategy: To commit 90% or more of our current and future reserves to be held in BitcoinCommence utilizing our $150 million ATM1to acquire an initial target of $120 million in Bitcoin, to be held for the long term as its primary treasury reserve assetLaunch our Web3 Wealth Renaissance education series for students to accelerate their understanding of Bitcoin, Cryptocurrency and Blockchain with Genius Group’s AI-powered guides.Enable Bitcoin paym
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- Genius Group increases Bitcoin Treasury 40% to total purchase of 153 Bitcoin for $14 millionGlobeNewswire
- Genius Group Announces Preliminary First Half 2024 Financial Results: 130% Pro Forma Revenue Growth [Yahoo! Finance]Yahoo! Finance
- Genius Group Announces Preliminary First Half 2024 Financial Results: 130% Pro Forma Revenue GrowthGlobeNewswire
- Genius Group launches Bitcoin Treasury with purchase of 110 Bitcoin for $10 millionGlobeNewswire
- AI Firm Genius Group Adopts Bitcoin as Primary Treasury Asset; Shares Spike 50% [Yahoo! Finance]Yahoo! Finance
GNS
Sec Filings
- 11/21/24 - Form 6-K
- 11/20/24 - Form 6-K
- 11/18/24 - Form 6-K
- GNS's page on the SEC website