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Genius Group Engages The Basile Law Firm P.C. to Pursue Legal Action Against Brokers to Reinstate the Buy Button for GNS Shares.
Globenewswire· 2025-12-02 13:00
Core Viewpoint - Genius Group Limited is pursuing legal action against four brokerage firms to reinstate the buy button functionality for its shares, which has been reportedly made more difficult compared to selling shares, leading to a sell-side imbalance in trading [1][2][3]. Group 1: Legal Action and Complaints - The company has engaged The Basile Law Firm P.C. to initiate legal proceedings against Charles Schwab, Fidelity, Vanguard, and Robinhood for not complying with demands to restore buy functionality for its shares [1][3]. - The action follows complaints from hundreds of investors on social media regarding the difficulties in purchasing shares compared to selling them, which has created an imbalance in trading [2]. Group 2: Statements from Company Executives - CEO Roger James Hamilton stated that making it harder to buy than sell a stock creates a one-sided market, artificially pressuring the stock price downward and suppressing legitimate demand [4]. - Mark R. Basile Esq emphasized that broker-dealers are required to ensure fair dealing and non-discriminatory access to trading, and that restricting buy orders can constitute market manipulation under U.S. securities law [4]. Group 3: Company Overview - Genius Group is a Bitcoin-first education group that provides AI-powered solutions and serves 6 million users across over 100 countries through its Genius City model and digital marketplace [5]. - The company focuses on personalized, entrepreneurial AI pathways that integrate human talent with AI skills and solutions for individuals, enterprises, and governments [5]. Group 4: Law Firm Background - The Basile Law Firm P.C. specializes in complex securities litigation and represents public companies and shareholders against various financial entities, including brokers and hedge funds [6].
X @CoinDesk
CoinDesk· 2025-12-01 23:05
Bitcoin Strategy - Genius Group aims to increase its Bitcoin treasury to 10,000 BTC [1] - The company is committing to a Bitcoin Standard for its education platform [1] - This strategy supports the global expansion of 'Genius Cities' [1] Sponsorship - The initiative is sponsored by Genius Group Ltd [1]
Why a Hedge Fund Sold Most of Its Genius Sports Stake Despite Best Quarterly Performance in Years
The Motley Fool· 2025-11-30 19:55
Core Insights - Genius Sports Limited reported a strong quarter with a 38% revenue growth to $166.3 million, driven by an 89% increase in media revenue and ongoing growth in its betting segment [9] - Despite the positive performance, Cooper Creek Partners Management significantly reduced its stake in Genius Sports, selling nearly 7.5 million shares and decreasing its position from 3% to 0.7% of its assets under management [2][8] - The company raised its full-year revenue guidance to $655 million for 2025 and expects $136 million in adjusted EBITDA, indicating strong operational momentum [9] Company Overview - Genius Sports has a market capitalization of $2.4 billion and reported a total revenue of $604.5 million over the trailing twelve months (TTM) [4] - The company is a leading provider of technology-driven products and services for the sports, sports betting, and sports media industries, focusing on real-time data and streaming content [5] - Genius Sports generates revenue through various channels, including licensing data feeds, streaming content, risk management services, and digital marketing solutions [5] Market Performance - As of the latest market close, shares of Genius Sports were priced at $10.07, reflecting a 3% increase over the past year, although this lags behind the S&P 500's 14% return during the same period [3] - The significant reduction in stake by Cooper Creek Partners, despite the company's improving fundamentals, highlights a potential divergence between market sentiment and operational performance [6]
Genius Group Announces New Analyst Report from Diamond Equity Research
Globenewswire· 2025-11-24 13:30
Core Insights - Genius Group Limited has released an Analyst Update Report from Diamond Equity Research, focusing on its AI-powered education growth plans and Bitcoin Treasury strategy [1][2] Insider Confidence and Shareholder Incentives - There has been significant insider buying from the CEO, board members, and executive leadership, indicating strong internal confidence in the company's strategic direction [3] - Genius Group introduced a Bitcoin-paid loyalty incentive program, offering $0.10 per share to investors holding shares in book entry, effective from November 28, 2025 [4] Strategic Developments - The company appointed Inspiral Architects to design Genius City Bali, which is part of its plan to develop a scalable learning city model [5] - Robert Kiyosaki, a renowned financial educator, has been appointed as a board advisor to enhance financial education and strategic expansion [6] Acquisition and Revenue Guidance - Genius Group acquired Entrepreneur Resorts Ltd, which has led to a 50% increase in its 2025 revenue guidance, now projected between $15 million and $18 million [7] Growth Plans - The company aims to launch 20 Genius Resorts over the next five years, each targeting $5 million in revenue, and plans to establish 100 licensed Genius Cities, each with a revenue goal of $1 million [8] Market Positioning and Valuation - The current valuation of Genius Group is set at $3.40, based on existing operations without incorporating future revenues from Genius City initiatives [9] - The company aims to disrupt the traditional education system by providing a dynamic curriculum tailored to individual needs, with plans to acquire accredited education companies to enhance accessibility and reduce costs [10][11]
Meet the Genius Quantum Computing Stock Warren Buffett and Berkshire Hathaway Just Bought
The Motley Fool· 2025-11-22 10:00
Core Insights - Berkshire Hathaway's recent investment in Alphabet, particularly in the context of quantum computing, aligns with its traditional investment strategy focused on companies with strong cash flows and proven business models [2][8][12] Investment Context - Berkshire Hathaway's investment in Alphabet is surprising given its historical preference for established businesses, yet it fits the mold due to Alphabet's robust advertising revenue and growth potential [2][8] - The investment was made during Q3, and while it is unclear if Warren Buffett was directly involved, he has expressed admiration for Alphabet in the past [3][4] Quantum Computing Developments - Alphabet's quantum computing efforts, including the Willow quantum computing chip, have demonstrated significant advancements, running algorithms 13,000 times faster than the fastest supercomputer [6] - Despite the impressive quantum computing capabilities, it is unlikely that this was the primary reason for Berkshire's investment, as the focus remains on Alphabet's core business [5][7] Financial Performance - Alphabet's advertising business continues to grow, with Google search revenue increasing by 15% in Q3, supported by the integration of generative AI [8] - Berkshire likely purchased Alphabet's stock at around $200 per share, representing a valuation of approximately 19 times forward earnings [9] Future Outlook - Alphabet is well-positioned for future growth, particularly in artificial intelligence and cloud computing, alongside its strong advertising business [11] - The investment in Alphabet is seen as a strategic move that could yield significant returns in the coming years, regardless of who made the purchase decision [12]
Genius Group sends Demand Notices to Stockbrokers Charles Schwab, Fidelity, Vanguard and Robinhood to Reinstate the Buy Button for GNS Shares
Globenewswire· 2025-11-18 13:00
Core Viewpoint - Genius Group Limited has requested four brokerage firms to reinstate the buy button functionality for its shares, aiming to facilitate easier online purchases for investors [1]. Group 1: Company Overview - Genius Group is a Bitcoin-first education company that leverages AI to provide education and acceleration solutions for the future workforce [2]. - The company serves 6 million users across over 100 countries through its Genius City model and online digital marketplace, offering AI training, tools, and talent [2]. - Genius Group focuses on creating personalized entrepreneurial AI pathways that integrate human talent with AI skills and solutions at various levels, including individual, enterprise, and government [2].
Grant & Eisenhofer Files Class Action Lawsuit Against Citadel Securities LLC and Virtu Americas LLC
Businesswire· 2025-11-17 17:52
Core Points - A class action lawsuit has been filed by Grant & Eisenhofer P.A. on behalf of Genius Group Limited against Citadel Securities LLC and Virtu Americas LLC [1] - The lawsuit alleges that the defendants engaged in manipulative trading practices aimed at artificially deflating the price of Genius stock [1] - The action represents all individuals who sold securities of Genius during the specified period [1]
Genius Group files Federal Securities Class Action Lawsuit against Citadel Securities and Virtu Financial for Alleged Market Manipulation.
Globenewswire· 2025-11-14 22:30
Core Viewpoint - Genius Group Limited has filed a Class Action Complaint against Citadel Securities LLC and Virtu Americas LLC, alleging a long-running market manipulation scheme involving spoofing and naked short selling of its shares, violating multiple sections of the Securities Exchange Act of 1934 [1][2][3]. Group 1: Allegations and Legal Actions - The lawsuit claims that the defendants engaged in a manipulative trading scheme for at least three years, from April 12, 2022, to May 30, 2025, involving thousands of spoofing trades that created a false impression of excess supply and volatility in Genius Group stock [3][7]. - Genius Group is seeking at least $250 million in damages due to the alleged market manipulation that led to artificially deflated stock prices [3][4]. - The company aims to recover losses not only for itself but also for all shareholders who sold stock at these manipulated prices, and it will request to be appointed as the "lead plaintiff" in the class action [6][8]. Group 2: Impact on Shareholders - The complaint emphasizes the commitment of Genius Group to protect shareholder interests and to expose unfair trading practices that have affected investors [4][5]. - The CEO of Genius Group highlighted the ongoing challenges faced by shareholders, including brokers restricting buying options while allowing selling, which further complicates the situation for investors [5][6]. Group 3: Company Overview - Genius Group is an AI-powered, Bitcoin-first education group serving 6 million users across over 100 countries, providing AI training and solutions tailored for individuals, enterprises, and governments [9].
Genius Group appoints Inspiral Architects to lead the Iconic Design of Genius City
Globenewswire· 2025-11-12 13:00
Core Insights - Genius Group has appointed Inspiral Architects to design Genius City in Bali, aiming to create a unique learning city of the future [3][7] - Inspiral Architects is recognized for its nature-based designs and has won multiple prestigious awards, including the International Design Awards and the UNESCO Prix Versailles Award [5][6] Company Overview - Genius Group is a Bitcoin-first education company that leverages AI to provide educational solutions, serving 6 million users across over 100 countries [14] - The company is focused on developing a model for future learning campuses, with plans for 100 Genius Cities globally [7] Project Details - Genius City will consist of three interconnected hubs: Learning Hub, Living Hub, and Student Hub, each designed to foster innovation and community [9][10][11] - The Learning Hub will feature advanced facilities for skill development, including labs for science, robotics, music, and media [9] - The Living Hub will be a Bitcoin-based community with amenities such as cafes, co-working spaces, and nature trails [10] - The Student Hub will cater to high school students with facilities for collaboration, study, and showcasing their work [11] Timeline - Initial designs and investor launch for Genius City are expected in early 2026, with the launch of the three hubs scheduled for late 2027 [12]
Genius Group and Nuanu Complete Agreements, With a Combined Valuation of $14 Million, to Launch Genius School and Genius City, Bali
Globenewswire· 2025-11-10 13:30
Core Insights - Genius Group Limited has completed Share Purchase and Joint Venture Agreements with Nuanu Creative City, valuing the projects at $14 million with a purchase price of $7.1 million, acquiring a 51% stake in both Genius School and Genius City in Bali [1][2][9] - The company anticipates annual revenue exceeding $20 million and annual profit reaching $6 million from these projects within four years [1][9] Project Overview - The agreements were finalized on November 5, 2025, allowing the launch of the 'Genius City' model, which focuses on AI, Bitcoin, and community [2] - Genius City will serve as a lifelong learning community with facilities for various educational stages and events [3] Nuanu Creative City - Nuanu Creative City spans 44 hectares in Bali and aims to be the creative hub of Southeast Asia, featuring over 30 interconnected projects across five pillars: education, art & culture, nature, health & wellness, and living & lifestyle [4][12] - Genius Group has acquired 51% of ProEd Global School, which includes early learning, primary, and middle schools, and plans to integrate its Genius School model with ProEd's curriculum [4][5] Genius City Features - Genius City will include co-working spaces, corporate retreats, and facilities for accelerators, with an initial 100 keys and plans to be the first Bitcoin-based, tokenized community in Asia [6][9] - The Learning Hub will feature advanced facilities such as music and film studios, maker labs, and virtual reality studios [7] Future Growth Plans - The company is investing $7.1 million for a 51% stake in both projects, expecting the valuation to appreciate as they progress towards revenue and profit targets [9] - Genius Group aims to develop its Genius School and Genius City models further, targeting the establishment of 100 Genius Cities globally [9][10]