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
Show less
Read more
Impact Snapshot
Event Time:
GNS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GNS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GNS alerts
High impacting Genius Group Limited Ordinary Shares news events
Weekly update
A roundup of the hottest topics
GNS
News
- AI Firm Genius Group Adopts Bitcoin as Primary Treasury Asset; Shares Spike 50% [Yahoo! Finance]Yahoo! Finance
- AXS LAW GROUP PLLC Files a Securities Class Action on Behalf of LZG International Inc. Investors (LZGI)PR Newswire
- Genius Group Launches GeniusGroup.AI to Power Growth of Genius Cities and AI EducationGlobeNewswire
- Genius Group Restructures Board with Four New AppointeesGlobeNewswire
- Founder & CEO, Roger James Hamilton, purchases ordinary shares in Genius Group [Yahoo! Finance]Yahoo! Finance
GNS
Sec Filings
- 11/13/24 - Form 6-K
- 11/12/24 - Form 6-K
- 10/28/24 - Form 6-K
- GNS's page on the SEC website