Genius Group Targets $827 Million Bitcoin Reserve

Genius Group has proposed a US$ 12.5 million offer for Bitcoin to restart its treasury, aiming to reach a target of US$ 827 million by fiscal year 2031.

The AI-focused education company plans to split the funds between a Bitcoin reserve, an AI portfolio, and a dollar reserve equivalent to about 18 months' worth of dividends.

The proposed instrument will be perpetual preferred stock, non-convertible, and carry a variable rate paid monthly. However, the issue price, final size, timetable, structure, and any potential stock exchange listing are still pending board approval and market rules.

This plan comes after Genius Group sold its remaining Bitcoin holdings in April and paid off US$ 8.5 million in debt, leaving it with only US$ 2.42 million in cash at the time of its latest audited annual report.