Genius Group approves AI treasury strategy for US$100 million
The strategy includes pre-IPO exposure to SpaceX, OpenAI, and Anthropic, targeting an $800 million portfolio by 2031.
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In short: Genius Group shares surged after the board approved a $100 million AI treasury strategy and reported 171% quarterly revenue growth.
The strategy includes pre-IPO exposure to SpaceX, OpenAI, and Anthropic, targeting an $800 million portfolio by 2031.
It reports 171% Q1 revenue growth, a 9.9% Jewel Bank stake, plans for JUSD stablecoin and GEMs token rewards.
The shares, from an ERL share count and ICC arbitration, will be removed from public float to benefit shareholders.
The award entitles the company to return of 7,387,374 shares and $7,971,168.53 USD. Genius Group will enforce its rights and evaluate related litigation and appeals.
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Detailed price information for Genius Group Limited (GNS-A) from The Globe and Mail including charting and trades.
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