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Genius Group Ltd (GNS) provides entrepreneur education programs and immersive campus experiences through its dual business segments. This news hub offers investors and stakeholders direct access to official announcements and financial updates.
Track all material developments including quarterly earnings, executive appointments, and strategic partnerships. Our curated feed ensures timely updates on both Education segment initiatives (course launches, consultancy expansions) and Campus segment developments (new locations, community programs).
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Genius Group (NYSE: GNS), an AI-powered education company, has resumed Bitcoin purchases following a favorable U.S. Court of Appeals ruling. The company increased its Bitcoin Treasury by 40%, acquiring 24.5 Bitcoin, bringing its total holdings to 85.5 Bitcoin valued at $8.5 million (average price: $99,700 per Bitcoin).
GNS reaffirms its target of building a 1,000 Bitcoin Treasury, initially announced in November 2024. The company had accumulated 440 Bitcoin by February 2025 but was forced to sell most holdings due to a Temporary Restraining Order and Preliminary Injunction from February 14 to May 6, 2025. In response, GNS has filed an amended RICO suit for damages. The company plans to launch its Bitcoin Academy featuring Bitcoin experts like Saifedean Ammous by end of May 2025.
[ "Resumed Bitcoin purchases after favorable court ruling", "Increased Bitcoin Treasury by 40% to 85.5 BTC ($8.5 million)", "Launch of Bitcoin Academy with notable experts planned for May 2025", "Legal restrictions on Bitcoin purchases removed by Court of Appeals" ]Genius Group (NYSE: GNS) has filed an amended RICO lawsuit against Peter Ritz and Michael Moe of LZGI International, expanding the case to include two additional defendants, Michael Carter and John Clayton. The company is seeking $750 million in treble damages, up from their initial claim of $250 million in actual damages.
The lawsuit stems from alleged fraudulent activities that led to a Temporary Restraining Order and Preliminary Injunction against GNS, preventing the company from raising funds and buying Bitcoin. On May 6, 2025, the United States Court of Appeals granted a stay on the injunction, allowing GNS to resume normal operations. The company is now cooperating with LZGI shareholders in their separate class action and derivative lawsuits against LZGI, Ritz, and Moe.
Genius Group (NYSE: GNS) has reported that CEO Roger Hamilton's X (formerly Twitter) account (@rogerhamilton) has been compromised. Hackers posted unauthorized and false information about an alleged token launch by the company. The company strongly advises all investors, partners, and customers to disregard any posts or private messages from this account until official confirmation of recovery is provided through the company's verified accounts (@GeniusGroupLtd_ and @geniusacademyai).
Genius Group has contacted X to recover the account and has reported the incident to multiple law enforcement and regulatory agencies, including the Singapore Police, FBI, SEC, and NYSE. The company is pursuing legal action against the perpetrators and investigating potential connections between this incident and its ongoing legal matters.
Genius Group reported its 2024 financial results, showing a dramatic 303% increase in Net Asset Value to $79.4 million from $19.7 million in 2023. Despite facing legal challenges and a revenue decline to $7.9 million from $23.1 million, the AI-powered education company improved its balance sheet position with total assets rising to $101.0 million.
Key metrics include a student base of 5.8 million users, reduced operating loss of $30.1 million, and decreased operating expenses to $32.7 million. The company's 2025 guidance projects revenue of $10-13 million with positive EBITDA of $0.2-1.0 million.
Currently engaged in legal proceedings, including a RICO lawsuit seeking $450 million in damages and arbitration with Fatbrain AI, Genius Group has strategically reduced its Bitcoin holdings from 440 to 66 Bitcoin and relocated its treasury to Singapore. The company remains focused on defending shareholder interests while scaling its AI-powered education platform.
Genius Group (GNS), an AI-powered, Bitcoin-first education company, has scheduled the release of its full year 2024 financial results on Wednesday, April 30, 2025, before market opening. The company will host a live webcast at 8:00 AM ET / 8:00 PM Singapore Time on the same day.
During the webcast, management will discuss financial results and provide updates on several key initiatives including:
- AI-Powered Genius Curriculum
- Genius City model
- Bitcoin Treasury strategy
- Current legal cases
- 2025 guidance
The presentation and supplemental materials will be accessible through the investor relations section of Genius Group's website, with an archive available afterwards.
Genius Group (GNS) has received overwhelming shareholder approval (97.5%) for a share buyback program of up to 20% of its issued shares, the maximum allowed under Singapore law. The Board has authorized management to proceed with the buyback at their discretion, subject to Singapore, federal securities law, and NYSE requirements.
The company is currently operating under a Preliminary Injunction from the US District Court Southern District of New York, effective since March 13, 2025, which prevents them from issuing shares. As a result, the company has shifted its employee share compensation plan to cash payments, allowing affected employees to voluntarily reinvest in company shares through open market purchases.
Genius Group (NYSE: GNS) has filed a RICO lawsuit against Michael Moe and Peter Ritz, seeking over $450 million in damages. The lawsuit, filed in the United States District Court, Southern District of Florida on March 31, 2025, targets the controlling officers of LZGI International.
The RICO complaint alleges schemes involving mail fraud, wire fraud, and extortion to acquire control of microcap entities and defraud shareholders. A key piece of evidence includes a recorded meeting where Ritz allegedly detailed plans to weaponize US legal processes to prevent GNS from issuing shares and raising funds.
The company seeks minimum damages of $150 million, which under Florida Statute amounts to $450 million with treble damages. This action is separate from another pending lawsuit regarding alleged naked short selling and share spoofing, with estimated damages between $251-263 million, expected to be filed within 30 days.
Genius Group (NYSE: GNS) has been blocked by the United States District Court Southern District of New York from raising funds, selling shares, and buying Bitcoin. The court order stems from legal proceedings involving Fatbrain AI (LZGI) following a disputed Asset Purchase Agreement.
The company is being forced to sell its Bitcoin Treasury, having already reduced holdings from 440 to 430 Bitcoin. The Temporary Restraining Order (TRO) and Preliminary Injunction (PI) have been in effect for six weeks, during which GNS's share price dropped 53% from $0.47 to $0.22, with market capitalization now at 40% of its Bitcoin Treasury value.
In response, Genius Group is:
- Pursuing an appeal with the Second Circuit
- Restructuring operations and downsizing
- Reducing Bitcoin Treasury holdings
- Fighting to maintain public listed status