Genius Group to Invest $33 Million in Bitcoin Acquisition
- Genius Group plans a $33 million rights issue for its ordinary stock.
- 100% of the net proceeds will be invested in acquiring more bitcoin.
- The company is an AI-based educational technology firm.
- Bitcoin is identified as Genius Group’s favorite investment asset.
Genius Group, an AI-focused educational tech company, has announced a $33 million rights issue with all net proceeds dedicated to purchasing additional bitcoin, highlighting its preference for this asset class.
