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Genius Group, a publicly traded AI and education technology company, has announced a $33 million rights offering aimed at expanding its Bitcoin holdings. The company plans to use the proceeds to increase its Bitcoin treasury from the current $35 million to a potential $86 million by 2025. This move comes as Bitcoin's price has surged to $95,978, and Genius Group also intends to secure up to $20 million in loans to further its investment strategy. The company recently made a $5 million purchase, bringing its total Bitcoin holdings to 372 BTC.
GENIUS GROUP SNAGS $33M RIGHTS OFFERING TO LEVEL UP BITCOIN TREASURY Genius Group just got real with a $33M rights offering, flexing hard to push its Bitcoin Treasury to $86M. BTC’s climbing like crazy, hitting $95,978, and the CEO’s about to pump his stake to 10.3%—this is no… https://t.co/4d8aR44qbw
GENIUS GROUP BOOSTS BITCOIN RESERVES WITH $33M OFFERING TO REACH $86M Genius Group has announced a $33M rights offering to boost its Bitcoin reserves from $35M to potentially $86M. With Bitcoin's price surging to $95,978, the company is leveraging the current market momentum to… https://t.co/bvKbc8xM5R
💡 Big plans from 🇸🇬 @geniususocial! The AI-driven edtech company is launching a $33M rights offering, with all net proceeds dedicated to expanding its Bitcoin treasury. 💰🔒 That’s not all—Genius Group also plans to secure up to $20M in loans. If both efforts succeed, their…