EconomyAfter selling all its Bitcoin, Genius Group adopts Strategy’s STRC model to restart an $827M treasury plan
Singapore-based education company Genius Group said a US appeals court vacated an injunction that had limited its ability to issue shares, raise funds and buy Bitcoin. It plans to issue $1.2 billion in preferred securities, partly to rebuild an $827 million Bitcoin treasury, while final financing terms remain subject to market conditions and board approval.
After selling all its Bitcoin, Genius Group adopts Strategy’s STRC model to restart an $827M treasury plan
Economy