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Genius Group Limited - GNS STOCK NEWS

Welcome to our dedicated page for Genius Group news (Ticker: GNS), a resource for investors and traders seeking the latest updates and insights on Genius Group stock.

Genius Group Limited (GNS) is a dynamic Edtech and education company focused on providing specialized entrepreneur education, business development tools, and management consultancy services. The company operates through two primary segments: Education and Campus. The Education segment, which generates the majority of the company's revenue, offers a comprehensive entrepreneur education system that includes business development tools and consultancy. Meanwhile, the Campus segment encompasses entrepreneur resorts, retreats, and co-working cafes designed to foster innovation and collaboration among entrepreneurs.

Recent achievements of Genius Group include the successful expansion of its education programs, strategic partnerships with leading educational institutions, and the introduction of new business development tools tailored for entrepreneurs. The company is also actively engaged in several current projects aimed at enhancing the capabilities of its education platform and expanding its global reach.

Financially, Genius Group has demonstrated resilience and growth, supported by its robust business model and innovative offerings. The company's strong focus on the education segment has been a key driver of its revenue and market position.

Genius Group's partnerships with industry leaders and its continuous efforts in developing cutting-edge products have positioned the company as a significant player in the Edtech sector. The company's commitment to empowering entrepreneurs through education and strategic resources underscores its mission and vision for the future.

For the latest updates and relevant information about Genius Group Limited, investors can refer to recent news, such as updates on investor relations, forward-looking statements, and compliance with NYSE guidelines, among others.

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Genius Group (NYSE American: GNS) announced an increase in its Bitcoin Treasury, purchasing an additional $2 million in Bitcoin, bringing the total to 214 Bitcoins at an average price of $93,586 per Bitcoin. This purchase is part of the company's Bitcoin-first strategy, committing 90% or more of its reserves to Bitcoin, with a target of $120 million.

The company is launching the Genius Bitcoin Academy and Genius Blockchain Academy in January 2025, offering microcourses, microdegrees, and certifications. A partnership with Applied Blockchain will introduce a new edtech platform with student credits linked to Bitcoin's Satoshis and certifications on the Lightning Network.

Genius Group is sponsoring several industry events, including the FutureFi Summit, Consensus Hong Kong, Bitcoin Investor Day, and Consensus Toronto. These initiatives aim to solidify its leadership as a Bitcoin-first, AI-powered education company while building its Bitcoin Treasury. The company is also exploring various sources of capital for further Bitcoin purchases.

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Genius Group (NYSE American: GNS), a leading AI-powered, Bitcoin-first education group, announced an increase in its Bitcoin purchases for its Bitcoin Treasury by an additional $2.2 million, bringing its total to 191 Bitcoin valued at $18 million. The average price per Bitcoin was $92,728. The company had previously committed to holding 90% or more of its current and future reserves in Bitcoin, with a target of $120 million in Bitcoin. Following an initial purchase of $10 million in Bitcoin, Genius Group has been adding an average of $2 million per week over the past four weeks. An Investor Meeting will be held on December 10, 2024, at Bitcoin MENA 2024 in Abu Dhabi, where CEO Roger Hamilton will discuss the company's growth plans for 2025, including its 'Bitcoin-First' Treasury Strategy and its AI-powered decentralized education network, featuring on-chain GEMs, AI tutors, and AI Certifications built on the Lightning Network.

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Genius Group (NYSE American: GNS) has acquired XD Academy, a Bitcoin and Blockchain Learning Platform originally launched as BitMEX Academy. The acquisition includes XD Academy's learning platform and courses, featuring content from notable experts like Saifedean Ammous and Arthur Hayes.

Following the acquisition, XD Academy CEO Lawrence Linker will collaborate with Genius Group to develop the Bitcoin Academy on the company's Edtech platform. The initiative will be part of an AI-powered 'Built on Bitcoin' decentralized education network, featuring on-chain GEMs, AI tutors, and AI Certifications built on the Lightning Network.

The company plans to showcase its offerings at Bitcoin MENA 2024 in Abu Dhabi and will host an Investor Meeting where CEO Roger Hamilton will make announcements regarding the Company's Bitcoin Treasury, Bitcoin Academy, Global Faculty, and Edtech Platform.

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Genius Group (NYSE American: GNS) has announced its participation as a Moon Tier Sponsor in two major Bitcoin events: Bitcoin 2025 in Las Vegas (May 27-29, 2025) and Bitcoin MENA in Abu Dhabi (December 9-10, 2024). The company will be Title Sponsor of the Whale-Only DEEP Networking Lounge & Sessions Stage at Bitcoin 2025, which follows Bitcoin 2024's success with over 22,000 attendees.

As one of the first NYSE American-listed companies to launch a Bitcoin Treasury plan, Genius Group will showcase its Bitcoin-based education initiatives and AI-powered decentralized education network plan at these events. The company will host an Investor Meeting during Bitcoin MENA 2024, where CEO Roger Hamilton will present growth plans including the company's 'Bitcoin-First' Treasury Strategy and its AI-powered 'Built on Bitcoin' education network featuring on-chain GEMs and AI tutors.

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Genius Group (NYSE American: GNS) has expanded its Bitcoin Treasury with an additional $1.8 million investment, bringing its total to 172 Bitcoin valued at $15.8 million, purchased at an average price of $92,006 per Bitcoin. This move follows the company's November 12 announcement of its 'Bitcoin-first' strategy, which commits to holding 90% or more of its reserves in Bitcoin, targeting $120 million. The company will host an Investor Meeting at Bitcoin MENA 2024 in Abu Dhabi on December 10, where CEO Roger Hamilton will discuss 2025 growth plans, including the Bitcoin-First Treasury Strategy and AI-powered decentralized education network built on the Lightning Network.

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Genius Group (GNS) has increased its Bitcoin Treasury by purchasing an additional $4 million worth of Bitcoin, bringing its total holdings to 153 Bitcoin valued at $14 million, with an average price of $91,372 per Bitcoin. This follows the company's recent announcement of its 'Bitcoin-first' strategy, committing to hold 90% or more of its reserves in Bitcoin, with an initial target of $120 million. The company also unveiled a 10-step Bitcoin plan focusing on building a blockchain-first board, establishing strategic targets, and choosing appropriate jurisdictions and custodians. Genius Group aims to provide AI-powered, blockchain-based education preparing students for future digital economies.

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Genius Group (NYSE American: GNS) released preliminary unaudited financial results for H1 2024, showing 130% pro forma revenue growth. The company reported H1 revenue of $13.2M compared to $11.8M in 2023, and pro forma revenue of $20.7M versus $9.0M in 2023. The adjusted EBITDA net loss improved to ($5.9M) from ($7.3M), while pro forma adjusted EBITDA loss decreased by 37% to ($4.6M). The results exclude FatBrain AI revenue prior to March transaction and 2023 figures include Entrepreneur Resorts , which was spun off. The company plans to provide detailed H1 results and guidance including their Bitcoin Treasury Plan after audit completion.

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Genius Group (NYSE American: GNS) has announced the purchase of 110 Bitcoin for $10 million, at an average price of $90,932 per Bitcoin. This acquisition is part of the company's recently announced 'Bitcoin-first' strategy, which commits to holding 90% or more of current and future reserves in Bitcoin, targeting $120 million in total Bitcoin holdings. The company plans to host a Podcast as part of its Bitcoin & Blockchain Education Series, featuring CEO Roger Hamilton and Board Members Thomas Power & Ian Putter, to provide guidance to other companies considering Bitcoin as a Treasury Reserve.

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Genius Group (NYSE American: GNS) has announced a new 'Bitcoin-first' strategy, committing to hold 90% or more of its reserves in Bitcoin. The company plans to utilize its $150 million ATM facility to acquire an initial $120 million in Bitcoin as its primary treasury reserve asset. The strategy includes launching a Web3 Wealth Renaissance education series and enabling Bitcoin payments on their Edtech platform. The company reports $23 million in audited annual revenue for 2023 and total assets of $43 million, while currently facing a market capitalization of $12 million. Genius Group has pending litigation against alleged market manipulators, with estimated damages over $250 million.

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Genius Group (NYSE: GNS) has launched GeniusGroup.AI, a new AI-powered platform designed to expand its Genius Cities Network and global AI Education model. The platform features AI Avatars including 'Student AI' for university students and 'Genius Team' for entrepreneurs, along with access to Alan Turing AI, the company's Chief AI Officer. The platform provides daily AI news coverage across six continents and a global calendar of AI-related events.

The company has recently expanded its Genius Cities presence to new locations including Melbourne, London, Frankfurt, Stockholm, Santiago, Toronto, and Vancouver, joining existing hubs in Dubai, Abu Dhabi, Singapore, and Miami. Genius Group aims to establish 100 Genius Cities worldwide, connecting educators, entrepreneurs, businesses, and governments through their global learning platform.

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FAQ

What is the current stock price of Genius Group (GNS)?

The current stock price of Genius Group (GNS) is $0.7249 as of December 17, 2024.

What is the market cap of Genius Group (GNS)?

The market cap of Genius Group (GNS) is approximately 15.5M.

What does Genius Group Limited do?

Genius Group Limited provides entrepreneur education, business development tools, and management consultancy services. It also runs entrepreneur resorts and co-working cafes.

What are the main business segments of Genius Group Limited?

The two main business segments are Education, which includes entrepreneur education and consultancy, and Campus, which includes resorts and co-working cafes.

Where does Genius Group derive most of its revenue?

The majority of the company's revenue comes from its Education segment.

What recent achievements has Genius Group Limited made?

Recent achievements include the expansion of education programs, strategic partnerships, and the introduction of new business development tools.

How is Genius Group Limited performing financially?

The company has shown resilience and growth, with a strong focus on its Education segment driving revenue.

Who should I contact for investor relations at Genius Group Limited?

For investor relations, you can contact Brian M. Prenoveau, CFA, Managing Director at MZ Group - MZ North America at (561) 489-5315 or GNS@mzgroup.us.

What are some of the current projects of Genius Group Limited?

Current projects include enhancing the education platform and expanding global reach.

What is the mission of Genius Group Limited?

The mission is to empower entrepreneurs through education and strategic business resources.

What is the significance of the Campus segment for Genius Group?

The Campus segment includes resorts, retreats, and co-working cafes designed to support entrepreneurs' innovation and collaboration.

How can I access recent news about Genius Group Limited?

You can access recent news through the company's investor relations contacts or by following updates on their official website.

Genius Group Limited

NYSE:GNS

GNS Rankings

GNS Stock Data

15.46M
21.62M
4.66%
0.76%
10.75%
Education & Training Services
Consumer Defensive
Link
United States of America
Singapore