EconomyAfter selling all its Bitcoin to repay debt, AI firm seeks to rebuild an $827 million treasury from zero
AI education company Genius Group has proposed a $12.5 million perpetual preferred offering to restart a Bitcoin treasury targeted at $827 million by fiscal 2031. It previously sold its remaining Bitcoin and repaid $8.5 million in debt. Because proceeds would also fund an AI portfolio and dollar reserve, the initial Bitcoin allocation remains unknown, while key offering terms await approval.
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CryptoSlate★★☆☆☆2026-08-28 19:05Original
After selling all its Bitcoin to repay debt, AI firm seeks to rebuild an $827 million treasury from zero
Economy