Artificial intelligence-driven edtech company Genius Group plans to distribute potential winnings from two billion-dollar lawsuits directly to its shareholders while also strengthening its Bitcoin holdings In a press release on Thursday, June 26, the company announced that its board of directors had approved a distribution strategy for any funds secured ...
Genius Group has restarted its Bitcoin accumulation strategy after a US court lifted a temporary ban. On May 22, the company announced it resumed purchasing Bitcoin (BTC) following a favourable ruling from the US Court of Appeals, which previously restricted its ability to expand Bitcoin holdings. With the ban lifted, ...
Singapore-based artificial intelligence firm Genius Group has been temporarily barred from expanding its Bitcoin treasury after a U.S. court issued a preliminary injunction (PI) and temporary restraining order (TRO), preventing the company from selling shares, raising funds, or using investor capital to acquire more Bitcoin. The injunction, handed down by ...
Genius Group has expanded its Bitcoin holdings to 440 BTC after investing an additional $2 million. According to its recent press release, this increase has surpassed the company's market capitalization. In its latest move, the Singapore-based AI and education firm has made a significant investment of $42 million in Bitcoin, ...
