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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.
Genius Group (NYSE: GNS) has expanded its Bitcoin holdings to 420 Bitcoin, representing a total investment of $40 million at an average price of $95,912 per Bitcoin. This investment aligns with the company's 'Bitcoin-first' strategy announced on November 12, 2024, which commits to holding 90% or more of current and future reserves in Bitcoin, targeting $120 million in total Bitcoin holdings.
The company has funded these purchases through various sources, including company reserves, an ATM facility, and $19 million in debt financing from crypto-backed loan platform Arch Lending. Additionally, GNS recently held an investor call on January 15, 2025, discussing a planned rights offering to raise up to $50 million in additional financing for further Bitcoin purchases.
Genius Group (NYSE: GNS), an AI-powered, Bitcoin-first education company, has announced an upcoming investor call and webcast scheduled for January 15, 2025, at 5:00 PM Eastern Time. The call, hosted by CEO Roger Hamilton, will focus on three main topics: the company's recently announced rights issue, their Bitcoin Treasury Strategy, and their 2025 outlook.
Investors can access the live webcast through a provided link, and following the presentation, the company will make the script, investor deck, and recording available on their investor relations website at https://ir.geniusgroup.net/.
Genius Group (NYSE: GNS) has announced a $33 million rights offering to expand its Bitcoin Treasury. Each shareholder will receive one transferable right for each ordinary share held on January 24, 2025, with rights to purchase additional shares at $0.50 per share. The Rights Offering expires on February 14, 2025.
The company plans to use 100% of the net proceeds to purchase Bitcoin and seeks additional loan financing of up to $20 million. If successful in raising both amounts, GNS's Bitcoin Treasury would increase from approximately $35 million to $86 million in Bitcoin.
Founder and CEO Roger Hamilton plans to acquire 500,000 additional shares on January 15, 2025, and will fully subscribe to his rights under this offering. Following the acquisition, Hamilton will own approximately 6.8 million shares, representing 10.3% of the company's 66 million issued shares.
Genius Group (NYSE American: GNS), a leading AI-powered, Bitcoin-first education group, announced it has increased its Bitcoin Treasury by $5 million, bringing the total to $35 million or 372 Bitcoin at an average price of $94,047 per Bitcoin. This achievement comes within two months of the Company's announcement on November 12 of its 'Bitcoin-first' strategy, aiming to hold 90% or more of its reserves in Bitcoin with an initial target of $120 million.
The milestone of reaching 30% of the initial target is ahead of schedule. As of January 9, 2024, the Company's Bitcoin Treasury had a market value of $35 million, based on a Bitcoin price of $94,000 per Bitcoin. The Company's market cap stands at $42 million, with 66.0 million issued shares and a share price of $0.64 as of market close on January 9, 2024, giving it a BTC/Price ratio of 83%.
The Company has increased its Bitcoin loan with Arch Lending from $10 million to $14 million, resulting in a loan-to-value ratio of 40%. Additionally, the Company has approved a Founder Compensation Plan for CEO Roger Hamilton, with milestones targeting a $1 billion market cap within 10 years, including goals for growing the Bitcoin Treasury to $1 billion in net asset value.
Genius Group (NYSE: GNS) has increased its Bitcoin Treasury by $10 million to 319.4 Bitcoin, valued at $30 million with an average purchase price of $93,919 per Bitcoin. This represents 25% of their initial $120 million Bitcoin target, achieved within six weeks of announcing their 'Bitcoin-first' strategy.
The company reported a BTC Yield of 1,649% in Q4 2024, funded through a combination of reserves, ATM, and a $10 million Bitcoin loan from Arch Lending. As of December 29, 2024, their Bitcoin Treasury had a market value of $30.4 million, with a BTC/Price ratio of 75% based on their $40.6 million market cap.
The company's net asset value grew 177% to $54.6 million in H1 2024, exceeding their current market cap.
Genius Group (NYSE: GNS) reported significant financial improvements in H1 2024, with net assets increasing 177% to $54.6 million from $19.7 million at end-2023. The company reduced its net loss per share by 74% to ($0.84) compared to ($3.20) in H1 2023. Revenue decreased to $4.9 million from $11.8 million due to spin-offs, while operating expenses reduced to $10.8 million from $15.4 million.
Total assets grew 81% to $78.3 million, and current assets increased 329% to $41.2 million. The company launched a Bitcoin-first strategy in H2 2024, investing $20 million to acquire 214 Bitcoin, and provided guidance of $75 million net asset value for full year 2024. Strategic initiatives included closing an $8.25 million public offering, launching AI-powered education platforms, and establishing Genius Cities in Singapore, Abu Dhabi, and Dubai.
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.
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.
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.
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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