Genius Group Targets Bitcoin Treasury Rebuild 5 Months After Selling Off
Aug 29 2026 16:58 UTC - PYMNTS
Genius Group plans to acquire $827 million in bitcoin treasury and $800 million in AI treasury by its fiscal year 2031.
➤ Genius Group plans to acquire $827 million in bitcoin and $800 million in AI treasury by fiscal year 2031, funded by a $1.2 billion shelf registration.
➤ This strategy follows Genius Group's sale of its previous bitcoin treasury five months prior to repay debt, with a stated intention to rebuild when market conditions were more favorable.
➤ The company's CEO cites favorable market conditions and growth cycles for both AI and bitcoin as ideal for deploying permanent capital.
Read more at: https://rwatimes.io/articles/pymnts-genius-group-targets-bitcoin-treasury-rebuild-5-months-after-selling-off-1368828271?utm_source=binance
Aug 29 2026 16:58 UTC - PYMNTS
Genius Group plans to acquire $827 million in bitcoin treasury and $800 million in AI treasury by its fiscal year 2031.
➤ Genius Group plans to acquire $827 million in bitcoin and $800 million in AI treasury by fiscal year 2031, funded by a $1.2 billion shelf registration.
➤ This strategy follows Genius Group's sale of its previous bitcoin treasury five months prior to repay debt, with a stated intention to rebuild when market conditions were more favorable.
➤ The company's CEO cites favorable market conditions and growth cycles for both AI and bitcoin as ideal for deploying permanent capital.
Read more at: https://rwatimes.io/articles/pymnts-genius-group-targets-bitcoin-treasury-rebuild-5-months-after-selling-off-1368828271?utm_source=binance