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Genius Group Limited ( (GNS) ) just unveiled an announcement.
On January 14, 2025, Genius Group Limited announced a $33 million rights offering to enhance its Bitcoin Treasury, with all proceeds allocated for Bitcoin purchases. The rights offering allows shareholders to purchase shares at $0.50 each, with additional shares available through over-subscription. Founder and CEO Roger Hamilton plans to buy more shares, increasing his stake to approximately 10.3% of the company. This financial move underscores Genius Group’s commitment to strengthening its position within the Bitcoin-centric education industry, potentially impacting stakeholders by increasing the company’s Bitcoin reserves from $35 million to $86 million, contingent on full rights offering participation and further financing.
More about Genius Group Limited
Genius Group Limited is a Bitcoin-first business that provides AI-powered education and acceleration solutions aimed at the future of work. The company serves 5.4 million users across over 100 countries through its Genius City model and online digital marketplace, offering AI training, tools, and talent. Its services are designed to deliver personalized entrepreneurial AI pathways, integrating human talent with AI skills for individuals, enterprises, and governments.
YTD Price Performance: -8.15%
Average Trading Volume: 6,480,737
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $41.27M
For an in-depth examination of GNS stock, go to TipRanks’ Stock Analysis page.
