GNS Stock Soars 12% as Genius Group Resolves Share Discrepancy
Genius Group's stock surged more than 12% overnight after resolving a lingering issue tied to its 2023 spin-off. The company's new share count aimed at identifying shareholders and reconciling records revealed that 16.7 million shares were verified and added to the Bitcoin Loyalty Program.
This brings total participation in the program from 2.3 million to 19 million shares, with eligible holders receiving a $0.10-per-share Bitcoin bonus. The bonus can be withdrawn through May 28.
Genius Group's stock has fallen more than 30% this year and is down 10% over the past 12 months.