Genius Group Limited (GNS) has released an update.
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Genius Group Limited has embarked on a bold Bitcoin treasury plan, allocating $10 million to begin accumulating Bitcoin and reducing debt by $5.2 million through early repayment. The company secured a favorable court ruling to restrain the transfer and voting rights of 7.4 million of its shares, and partnered with Coinbase Singapore as its Bitcoin custodian, benefitting from 0% capital gains tax on its holdings. These strategic moves aim to strengthen its financial position, appealing to investors interested in innovative financial strategies.
For further insights into GNS stock, check out TipRanks’ Stock Analysis page.
