Genius Group targets $2 billion in assets with AI and bitcoin treasuries

Genius Group plans to rebuild its bitcoin treasury alongside a similarly sized AI treasury. The company targets combined AI and bitcoin treasuries worth $1.6 billion. It targets total assets of $2 billion by fiscal year 2031. Genius Group plans to fund the treasuries through a new preferred stock offering rather than equity sales. The company intends to use its $1.2 billion SEC-cleared shelf registration for the offering. The initial raise would target $12.5 million. The proceeds would fund the AI treasury. The proceeds would fund the bitcoin treasury. The proceeds would fund a cash reserve for about 18 months of dividend payments. Genius Group sold all its remaining bitcoin in April to repay $8.5 million in debt. The liquidation reportedly occurred at a loss. The sale left the company with no crypto reserves. Genius Group adopted a Bitcoin-first strategy in late 2024. Its holdings reached 440 BTC by February 2025. A court order blocked the company from raising funds or issuing shares. The order led to sales that reduced its holdings, including roughly 86 BTC sold in one month. The company had about 84 BTC by February 2026. CEO Roger James Hamilton said returns from preferred capital above the preferred dividend rate would flow to ordinary shareholders' net asset value. Genius Group says preferred capital will become its primary funding tool. The company expects this approach to reduce reliance on its ordinary share ATM program. The plan resembles Strategy's use of perpetual preferred stock for its bitcoin holdings. Strategy has raised more than $16 billion through that method. Strive Asset Management has raised more than $150 million through a similar approach.