Key Takeaways
Genius Group plans to rebuild its bitcoin holdings and establish a parallel AI treasury targeting a combined $1.6 billion, with total assets aimed at $2 billion.
According to Bitcoin Magazine, NYSE-listed artificial intelligence-powered education company Genius Group has announced a new plan to purchase bitcoin, just months after liquidating its entire reserves. The company stated on a Thursday that it aims to build parallel AI and bitcoin treasuries worth a combined $1.6 billion, targeting a total of $2 billion in company assets by fiscal year 2031.
In April, Genius Group sold all its bitcoin to repay $8.5 million in debt during a period when several digital asset treasuries faced struggles from falling crypto prices. The company initially adopted a "Bitcoin first" strategy in late 2024, reaching 440 BTC by February 2025. However, fundraising restrictions from a court order led to continuous sales, eventually leaving no crypto reserves.
To fund the new treasuries, Genius Group intends to issue Perpetual Preferred Securities through its $1.2 billion SEC-cleared shelf registration, targeting an initial raise of $12.5 million. CEO Roger James Hamilton stated that returns exceeding the preferred dividend rate will flow directly to ordinary shareholders' net asset value. The company plans to use preferred capital as its primary funding tool going forward.
Source & Fact-Check Note
This report is synthesized from coverage by Bitcoin Magazine. Information has been fact-checked and structured for market clarity by CoinQuickly’s research desk.
Read original article at Bitcoin Magazine ↗
