Genius Group, an AI-powered education company, sold all its Bitcoin to repay $8.5 million in debt and is now proposing a $12.5 million perpetual preferred share offering to rebuild a Bitcoin treasury targeting $827 million by fiscal 2031. This initial raise represents only 1.51% of the target, equivalent to approximately 156 Bitcoin at the current price of around $79,911. The company has not yet determined the dividend rate or allocation percentages between its Bitcoin treasury, AI portfolio and dollar reserve. It will therefore need to pursue repeated financing rounds to achieve its long-term goal, which effectively starts from zero.
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