Genius Group Sets Sights on $2 Billion Asset Target with Perpetual Preferred Securities
Genius Group plans to raise $12.5 million through perpetual preferred securities to fund its Bitcoin and AI treasuries, which it aims to build within a $2 billion total-asset target for fiscal 2031.
The company's first offering will seek $12.5 million from income-focused investors, with proceeds divided among Bitcoin, AI investments, and an 18-month dividend reserve.
Genius Group has proposed separate targets of $827 million for its Bitcoin treasury and $800 million for its AI portfolio, which would account for the remaining assets under the $2 billion plan. The company currently reports net assets of $106.6 million following a 57% year-over-year increase announced on Aug. 13.
Genius Group's chief executive, Roger James Hamilton, described perpetual preferred capital as a way to fund treasury purchases without issuing more ordinary shares.