Genius Group Boosts Bitcoin Reserves
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•Genius Group Approves $33M Rights Offering for Bitcoin Purchase
73% Informative
Genius Group Limited (NYSE American: GNS) has announced approval of a $33 million rights offering.
The company plans to allocate the full proceeds of the offering to its Bitcoin Treasury as part of its “Bitcoin-first” strategy.
CEO Roger Hamilton , the CEO and the founder of Genius Group , agreed to fully participate in the offering.
This move has occured amid the Bitcoin price recovery with bulls taking the charge and BTC trading at $ 95,978 .
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