$1.2B Plan Aims to Boost Genius Group's AI and Bitcoin Holdings
Genius Group has unveiled a $1.2 billion capital plan to bolster its AI and Bitcoin treasuries, giving investors exposure to two rapidly expanding markets.
The AI-powered education company plans to raise funds through preferred securities to avoid diluting ordinary shareholders as it targets $2 billion in total assets by 2031.
Genius Group aims to expand its presence in the growing market for AI and Bitcoin, with the goal of reaching $2 billion in total assets by 2031. By utilizing preferred securities, the company seeks to minimize dilution for existing shareholders while still accessing the necessary funds to achieve this ambitious target.