Genius Group Limited has announced a $33 million rights offering aimed at significantly increasing its Bitcoin treasury holdings.

Details of the Rights Offering

Shareholders gain opportunity to invest further
Genius Group will offer existing shareholders the chance to purchase additional shares at $0.50 each. For every share held as of January 24, 2025, shareholders will receive a transferable right. If fully subscribed, this offering will raise $33 million solely dedicated to purchasing Bitcoin.

Trading and Subscription Timeline

Key dates and trading options
The trading of rights on the NYSE American will begin on January 23, 2025, and the offering will close on February 14, 2025. Shareholders who choose not to exercise their rights can sell them during this period.

Expansion of Bitcoin Treasury

Substantial growth in Bitcoin reserves
If fully subscribed, the company’s Bitcoin holdings will grow from $35 million to $68 million. Additionally, Genius Group plans to secure up to $20 million in loans, potentially expanding its Bitcoin reserve to $86 million.

CEO Commitment and Strategic Vision

Roger Hamilton’s full participation
Founder and CEO Roger Hamilton has pledged to purchase 500,000 additional shares and fully subscribe to his rights, potentially increasing his ownership to over 10%. This move aligns with the company’s broader strategy to treat Bitcoin as a “store of value.”

Integrating Bitcoin into Educational Platforms

Blockchain and AI synergy in education
Genius Group plans to integrate blockchain technology, including Bitcoin’s Lightning Network, into its AI-powered education platforms. This includes implementing on-chain certifications and reward systems, reinforcing its “Bitcoin-first” strategy.