Genius Group Plans $1.2 Billion Capital Raise to Build AI and Bitcoin Treasuries
Genius Group (NYSE: GNS), a Singapore-based education technology company, plans to raise $1.2 billion in capital to expand its AI and Bitcoin treasuries. The company is considering issuing perpetual preferred securities as part of this plan, targeting $800 million for its AI Treasury and $827 million for its Bitcoin Treasury. Genius Group aims to reach $2 billion in total assets by 2031 and plans to initially raise $12.5 million through the preferred securities offering. Proceeds will be allocated to AI investments, Bitcoin holdings, and a U.S. dollar reserve. The company expects to resume Bitcoin purchases in Q4 2026 and deploy up to $100 million into AI investments.
Source:Yahoo财经 · Source Link
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