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Genius Group Increases Bitcoin Treasury 20% to 120 Bitcoin; accelerates purchase plan.
Globenewswire· 2025-07-02 12:00
About Genius Group SINGAPORE, July 02, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) ("Genius Group" or the "Company"), a leading AI-powered, Bitcoin-first education group, today announced that on July 1, 2025 it increased its Bitcoin Treasury by 20% to 120 Bitcoin, which have been purchased at an average price of $101,539 per bitcoin. The Company is accelerating its purchase plan with more frequent purchases. With its most recent purchase, Genius Group has doubled the size of its Bitco ...
Genius Group Board appoints Kevin Malone as Board Advisor.
GlobeNewswire News Room· 2025-06-30 12:00
As the Company prepares to file its lawsuit for alleged market manipulation including naked short selling and spoofing, it has appointed Mr. Malone to provide his expertise and strategies to the board, and to work together with the Company's team of lawyers and data analysts both prior to and following the filing. Mr. Malone said "In 2021, when multiple brokerages removed the buy button on GameStop, Wall Street stole millions of dollars of my client's money from them. That moment changed my trajectory forev ...
Genius Group Board approves shareholder dividend, Bitcoin purchase from proceeds of future legal wins.
Globenewswire· 2025-06-26 14:05
SINGAPORE, June 26, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, today announced that its Board of Directors have approved a distribution plan from the proceeds of any and all future legal wins, with net proceeds divided equally for distribution to shareholders and purchase of Bitcoin for its Bitcoin Treasury. Genius Group’s CEO, Roger Hamilton said “The Company has two legal cases, one filed and on ...
Genius Group resumes buying Bitcoin, increases Bitcoin Treasury by 40%.
Globenewswire· 2025-05-22 12:00
SINGAPORE, May 22, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, today announced that following the favorable ruling by the U.S. Court of Appeals, allowing Genius Group to buy Bitcoin, the Company has resumed buying Bitcoin for its Bitcoin Treasury. The Company has increased its Bitcoin Treasury by an additional 40%, with the purchase of 24.5 Bitcoin. The Company currently holds 85.5 Bitcoin purchase ...
Genius Group provides update to RICO lawsuit
GlobeNewswire News Room· 2025-05-21 12:00
SINGAPORE, May 21, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) ("Genius Group" or the "Company"), a leading AI-powered, Bitcoin-first education group, today announced that its lawyers have filed an amended complaint against Peter Ritz and Michael Moe as the controlling officers and directors of LZGI International, Inc ("LZG") under the Racketeer Influenced and Corrupt Organizations Act (RICO), in the United States District Court, Southern District of Florida, seeking updated damages o ...
Genius Group CEO, Roger Hamilton's X Account Hacked
GlobeNewswire News Room· 2025-05-11 03:15
Core Viewpoint - Genius Group Limited has announced that the CEO's X account was compromised, leading to the dissemination of false information regarding a token launch, which the company disclaims as unauthorized [1][2]. Company Response - The company and CEO Roger Hamilton have urged the public to disregard any posts or messages from the compromised account until official confirmation of recovery is provided [2]. - Genius Group has contacted X to recover the account and reported the hacking to law enforcement and regulatory agencies, including the Singapore Police, FBI, SEC, and NYSE [3]. Legal Actions - The company has stated its intention to pursue legal action against the hackers and is investigating any potential connections between this incident and its ongoing legal matters [3]. Company Overview - Genius Group is a Bitcoin-first education group that provides AI-powered education and acceleration solutions, serving 5.8 million users across over 100 countries [4]. - The company operates through its Genius City model and offers a digital marketplace for AI training, tools, and talent, focusing on personalized entrepreneurial pathways [4].
Genius Group approves share buyback for 20% of issued shares
Newsfilter· 2025-04-09 12:00
Core Points - Genius Group Limited announced a significant shareholder vote, with 97.5% in favor of a share buyback [1] - The buyback will be for up to 20% of the Company's shares, adhering to Singapore law and relevant securities regulations [2] - The Company is facing legal challenges due to a Preliminary Injunction from a U.S. court, affecting its ability to issue shares for employee compensation [3] - To comply with Singapore laws, the Company will pay employee compensation in cash instead of shares, allowing employees to reinvest in the Company [4] - CEO Roger Hamilton emphasized the support from shareholders for the buyback, despite legal restrictions on selling shares [5] - Genius Group operates as a Bitcoin-first education group, serving 5.4 million users globally with AI-powered solutions [6]
Genius Group files RICO lawsuit against Michael Moe and Peter Ritz, seeks over $450 million in damages
Globenewswire· 2025-04-04 12:00
SINGAPORE, April 04, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, today announced that it has filed a lawsuit against Peter Ritz and Michael Moe as the controlling officers and directors of LZGI International, Inc (“LZG”) under the Racketeer Influenced and Corrupt Organizations Act (RICO), in the United States District Court, Southern District of Florida on March 31, 2025, seeking over $450 million ...