Genius Group strengthens Bitcoin Treasury by $33M.

Genius Group to Strengthen Bitcoin Treasury by $33M

  • Genius Group is an AI-driven education company serving over 5.4 million users across 100 countries.
  • The company’s mission is to deliver entrepreneurial, personalized education powered by Bitcoin and AI.
  • Genius Group’s Genius City model and digital marketplace have made waves in the industry.
  • The company’s Board of Directors approved a $33 million rights offering.

What is Genius Group?

As a Bitcoin-first company, Genius Group integrates cryptocurrency deeply into its operational model. From financial strategies to AI-driven tools, Bitcoin serves as the backbone of their ecosystem. This approach aligns perfectly with their latest initiative to boost their Bitcoin holdings.

Breaking Down the $33 Million Plan

The company’s Board of Directors recently approved a $33 million rights offering. Here’s how it works:

  • Shareholder Rights: Every shareholder will receive one transferable right per ordinary share held on January 24, 2025.
  • Subscription Price: Each right entitles the holder to purchase one share at $0.50.
  • Over-Subscription Option: Shareholders can buy additional shares if available.

The proceeds, estimated at up to $33 million, will be entirely used to purchase Bitcoin. If fully subscribed, Genius Group’s Bitcoin Treasury could rise from $35 million to an impressive $86 million.

How Does This Benefit Genius Group?

Bitcoin, often referred to as “digital gold,” offers stability against inflation and market volatility. By strengthening their Bitcoin reserves, Genius Group secures a solid financial foundation. This initiative highlights the company’s commitment to growth and innovation, likely boosting shareholder trust and market value. As one of the few education companies with a Bitcoin-first approach, Genius Group positions itself as a leader in the cryptocurrency space, setting a precedent for others.

Genius Group strengthens Bitcoin Treasury by $33M.

Details of the Rights Offering

  • Record Date: January 24, 2025
  • Ex-Rights Trading: Begins January 24, 2025
  • Expiration: February 14, 2025, unless extended

Rights can be traded on the NYSE American, offering flexibility for shareholders. Trading begins on a “when-issued” basis on January 23, 2025, and “regular way” on January 27, 2025. Roger Hamilton, CEO of Genius Group, plans to purchase an additional 500,000 shares, further solidifying his stake and confidence in the company.

Impact on Bitcoin Treasury

If the plan is successful, the Bitcoin Treasury will see a significant increase, enhancing the company’s financial resilience. Additional financing options, such as $20 million in loans, could further bolster their reserves. A robust Bitcoin Treasury not only stabilizes Genius Group’s finances but also aligns with global trends favoring cryptocurrency as a reliable asset class.

The move by Genius Group to strengthen its Bitcoin Treasury by $33 million showcases its forward-thinking strategy and commitment to innovation. By leveraging cryptocurrency, the company ensures financial stability, market leadership, and enhanced shareholder confidence. This bold initiative sets a powerful example for businesses worldwide.

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