BTC $82,664.25 -0.84%
ETH $2,527.94 +0.13%
BNB $744.91 -1.02%
XRP $1.38 -2.63%
SOL $108.92 -2.26%
TRX $0.3308 +0.21%
DOGE $0.0850 -1.94%
ADA $0.2426 -3.81%
BCH $276.02 -1.85%
LINK $13.02 -2.00%
HYPE $84.30 -2.16%
AAVE $163.25 -3.87%
SUI $1.08 -3.30%
XLM $0.1971 -2.96%
ZEC $1,267.73 +1.58%
AAPL $340.16 +1.13%
AMZN $261.66 -0.53%
GOOGL $354.79 +0.77%
MSFT $542.41 +1.36%
META $746.67 +3.61%
NVDA $226.67 -1.88%
TSLA $380.63 -0.68%
SNDK $1,494.58 -7.11%
INTC $101.51 -4.06%
SPCX $164.36 +0.14%
MU $1,000.00 -3.77%
AMD $592.71 -3.13%
BTC $82,664.25 -0.84%
ETH $2,527.94 +0.13%
BNB $744.91 -1.02%
XRP $1.38 -2.63%
SOL $108.92 -2.26%
TRX $0.3308 +0.21%
DOGE $0.0850 -1.94%
ADA $0.2426 -3.81%
BCH $276.02 -1.85%
LINK $13.02 -2.00%
HYPE $84.30 -2.16%
AAVE $163.25 -3.87%
SUI $1.08 -3.30%
XLM $0.1971 -2.96%
ZEC $1,267.73 +1.58%
AAPL $340.16 +1.13%
AMZN $261.66 -0.53%
GOOGL $354.79 +0.77%
MSFT $542.41 +1.36%
META $746.67 +3.61%
NVDA $226.67 -1.88%
TSLA $380.63 -0.68%
SNDK $1,494.58 -7.11%
INTC $101.51 -4.06%
SPCX $164.36 +0.14%
MU $1,000.00 -3.77%
AMD $592.71 -3.13%
first_img

Genius Group sets a target of 2 billion dollars for AI and Bitcoin dual treasury

2026-08-28 04:33:40

AI education company Genius Group, listed on the NYSE, announced a new plan to build dual vaults for AI and Bitcoin, aiming for total assets of $2 billion. The company previously liquidated all its Bitcoin in April this year to repay $8.5 million in debt.

Genius Group first adopted a "Bitcoin-first" strategy at the end of 2024, with holdings peaking at 440 BTC, but due to a court injunction preventing financing, it was forced to reduce its holdings multiple times, leaving only about 84 BTC by February 2026. The company now plans to utilize a $1.2 billion SEC registration limit to issue perpetual preferred securities, with an initial fundraising target of $12.5 million. The funds will be allocated to the AI vault, Bitcoin vault, and cash reserves.

This plan emulates the financing model of Strategy, which has raised over $16 billion through perpetual preferred shares for Bitcoin holdings. Genius Group stated that the excess returns generated from preferred capital will directly enhance the net asset value of common shareholders.

app_icon
ChainCatcher Building the Web3 world with innovations.