Genius Group, focused on expanding its Bitcoin treasury, plans to raise up to 33 million USD through a rights offering. Existing shareholders can buy shares cheaply at 0.50 USD, with rights trading until February 13, 2025.
Currently, Genius Group’s Bitcoin reserves are approximately 45 million USD, and if the offering along with additional loans of up to 22 million USD are fully subscribed, they aim to reach their goal of 100 million USD.
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