Following a favorable U.S. Court of Appeals ruling on May 6, 2025, Genius Group (NYSE: GNS) has significantly boosted its Bitcoin treasury, increasing its holdings by 52% to a total of 100 Bitcoin. This acquisition, which saw the company add 34 Bitcoin over the past month, brings their total investment to $10.06 million, at an average price of $100,600 per Bitcoin. The AI-powered education group remains committed to its ambitious goal of accumulating 1,000 Bitcoin in its treasury.
Adding to the company’s recent positive momentum, Genius Group’s CEO, Roger Hamilton, increased his stake in the company by 10%. Hamilton acquired 650,000 shares on June 23 and 24 at an average price of $0.54 per share on the open market, demonstrating his confidence in the company’s trajectory.
Shareholder Payouts on the Horizon from $1 Billion in Lawsuits
In a major announcement today, Genius Group’s Board of Directors has approved a distribution plan for the proceeds of any future legal victories. Under this plan, net proceeds from successful lawsuits will be divided equally between direct distribution to shareholders and the purchase of additional Bitcoin for the company’s treasury.
“The company has two legal cases, one filed and one pending, in which we are seeking combined damages of over $1 billion,” stated Genius Group’s CEO, Roger Hamilton. “As both lawsuits are being pursued by the company to recover damages caused by third parties directly to our shareholders, the Board believes that 100% of any proceeds from the successful outcome of these cases should be directly distributed or reinvested for the benefit of shareholders.”
Upcoming Lawsuit Targets Alleged Naked Short Selling
Genius Group is also pursuing an upcoming lawsuit, led by Wes Christian of Christian Attar, alleging naked short selling and evidence of spoofing against certain parties. Initial analysis of the company’s share trading data in 2023 indicates alleged damages ra