Genius Group Aims for $827 Million Bitcoin Treasury, Starting from Scratch

Genius Group, an AI-powered education company, has proposed a $12.5 million perpetual preferred offering to restart its Bitcoin treasury.

The target is ambitious: Genius wants to rebuild its Bitcoin treasury from scratch and reach $827 million by fiscal 2031.

To put this in perspective, the initial raise would cover just 1.51% of that target, leaving at least $814.5 million still to finance before any non-Bitcoin allocations.

The company has reported that it sold its remaining Bitcoin and repaid $8.5 million of debt after struggling with a funding gap.