Genius Group Limited, (GNS) News
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GNS News Highlights
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Latest GNS News From Around the Web
Below are the latest news stories about GENIUS GROUP LTD that investors may wish to consider to help them evaluate GNS as an investment opportunity.
Genius Group Boosts Bitcoin Treasury to $35 Million, Advances Strategic GoalsGenius Group Limited ( (GNS) ) has issued an update. Genius Group Limited has increased its Bitcoin Treasury to $35 million, purchasing 372 Bitcoin at an average price of $94,047 each, achieving 30% of its $120 million target ahead of schedule. The company also expanded its Bitcoin-backed loan to $14 million and approved a Founder Compensation Plan, aiming for a $1 billion market cap and Bitcoin Treasury net asset value growth, reflecting its strategic focus on Bitcoin and AI innovation. More ab |
Genius Group Boosts Bitcoin Holdings Amid Strong BTC Yield PerformanceGenius Group Limited ( (GNS) ) has shared an announcement. Genius Group Limited has increased its Bitcoin holdings by 50% to $30 million, as part of its ambitious ‘Bitcoin-first’ strategy. The company reported a significant BTC Yield of 1,649% in Q4 2024, demonstrating a strong performance in its Bitcoin Treasury strategy. Despite achieving a high BTC Yield, the company’s CFO noted that the Bitcoin performance is not fully reflected in its share price. Genius Group plans to report its Bitcoin Tr |
Genius Group increases bitcoin treasury to $30MGenius Group (GNS) Limited had increased its Bitcoin purchases for its Bitcoin Treasury by an additional $10 million to 319.4 Bitcoin for $30 million, at an average price of $93,919 per Bitcoin. The total purchase of $30 million of Bitcoin has been made within six weeks of the Company’s announcement on November 12 of its “Bitcoin-first” strategy that it is committing 90% or more of its current and future reserves to be held in Bitcoin, with an initial target of $120 million in Bitcoin. The miles |
Genius Group Reports Remarkable Growth in Net Assets Amid Strategic ShiftAn announcement from Genius Group Limited ( (GNS) ) is now available. Genius Group Limited reported a significant increase in its net asset value by 177% to $54.6 million in the first half of 2024, while reducing its net loss per share by 74% compared to the same period in 2023. Despite a drop in revenue due to divestments, the company has rationalized its operations, cut costs, and shifted focus towards a Bitcoin-first strategy, which includes the launch of a Bitcoin Treasury. The company antic |
Genius Group increased its Bitcoin purchases for its Treasury by $2.2MGenius Group (GNS) announced that it had increased its Bitcoin purchases for its Bitcoin Treasury by an additional $2.2 million to 191 Bitcoin for $18 million, at an average price of $92,728 per Bitcoin. The Company’s announced on November 12 of its “Bitcoin-first” strategy that it is committing 90% or more of its current and future reserves to be held in Bitcoin, with an initial target of $120 million in Bitcoin. Following its initial purchase of $10 million in Bitcoin in the week of the announ |
Genius Group Announces Preliminary First Half 2024 Financial Results: 130% Pro Forma Revenue GrowthSINGAPORE, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education and acceleration group, today provided preliminary unaudited financial and operational results for the six months ended June 30, 2024. “Whilst our auditors complete their review of our first half financial results of 2024 in the coming weeks, we are pleased to provide preliminary results on our revenue and adjusted EBITDA. We beli |
AI Firm Genius Group Adopts Bitcoin as Primary Treasury Asset; Shares Spike 50%Singapore-based artificial intelligence company Genius Group said it has adopted bitcoin as its primary treasury asset, committing 90% of its current and future reserves to be held in the largest cryptocurrency. |
Genius Group Bolsters Shareholder Protection Amidst AI Deal RisksGenius Group Limited (GNS) has released an update. Genius Group Limited’s Board of Directors has approved significant resolutions to safeguard shareholder interests amidst control risks linked to the FatBrain AI transaction. The Board sanctioned the issuance of 5 million additional shares to CEO Roger Hamilton, increasing his stake to 24.6%, and initiated legal actions to address the challenges posed by the transaction, particularly involving 7.4 million shares under dispute. These moves are aim |
Genius Group Launches AI Platform to Boost Global NetworkGenius Group Limited (GNS) has released an update. Genius Group Limited has launched GeniusGroup.AI, a new platform designed to enhance its global Genius Cities Network and AI education initiatives. This platform aims to connect educators, entrepreneurs, and governments through advanced AI tools, avatars, and training, facilitating a dynamic learning ecosystem. The initiative is part of the company’s ambitious plan to establish 100 Genius Cities worldwide, promoting AI-driven growth and innovati |
Genius Group Launches GeniusGroup.AI to Power Growth of Genius Cities and AI EducationSINGAPORE, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered education and acceleration group, today announced the launch of GeniusGroup.AI to drive the growth of the Company’s Genius Cities Network and global AI Education model. GeniusGroup.AI, the Company’s new AI powered platform, delivers the AI training, AI tools and AI talent to connect the Company’s “Genius Cities” around the world – combining educators, ent |