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Jan 31, 03:35 PM
Genius Group Plans to Expand Bitcoin Holdings to $100 Million Through $33 Million Rights Offering and Up to $55 Million in Equity and Loans
Markets
Business
Crypto

Genius Group Plans to Expand Bitcoin Holdings to $100 Million Through $33 Million Rights Offering and Up to $55 Million in Equity and Loans

Authors
  • Bitcoin Magazine
  • Cointelegraph
  • Swan
5

Genius Group, a publicly traded company, has announced plans to expand its Bitcoin holdings to $100 million. The company aims to achieve this through a combination of equity and loans, launching a rights offering to raise $33 million specifically for Bitcoin purchases. Additionally, there are indications that Genius Group may seek to raise up to $55 million in total for its Bitcoin investments. This move reflects the company's strategy to grow its Bitcoin treasury significantly.

Written with ChatGPT (GPT-4o mini).

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