Bitcoin.com 14 Jan 2025

Genius Group to Expand Bitcoin Holdings With $33 Million Rights Issue 💰

Bitcoin Genius Group

Genius Group, a company focusing on artificial intelligence-based educational technology, has announced plans for a $33 million rights issue. The company intends to invest 100% of the proceeds from this offering into acquiring more Bitcoin, indicating that Bitcoin is their preferred investment asset.

This strategic move highlights Genius Group's confidence in the continued growth and potential of Bitcoin as an asset. By directing all funds from the stock offering towards Bitcoin, they demonstrate a strong commitment to expanding their digital holdings.

Source: news.bitcoin.com ↗

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