Genius Group to Distribute 50% of Lawsuit Winnings as Dividends and Bitcoin Purchases

Genius Group, an artificial intelligence-driven educational technology firm, has announced a strategic plan to distribute potential winnings from its multibillion-dollar lawsuits. The company intends to allocate these funds equally between shareholder dividends and expanding its Bitcoin treasury. This decision was approved by the board of directors, who outlined a distribution plan for the proceeds from two lawsuits seeking combined damages exceeding $1 billion.

The first lawsuit, filed under the Racketeer Influenced and Corrupt Organizations Act (RICO), seeks damages of over $750 million against LZGI International. The second lawsuit, yet to be filed, is expected to claim at least $262 million based on 2023 data, with updated figures likely to increase this amount to account for damages in 2024 and 2025. The lawsuits aim to recover damages caused to shareholders by the defendants.

According to the company's CEO, Roger Hamilton, 50% of the winnings will be distributed among shareholders as a special dividend, while the remaining 50% will be redirected to the company’s Bitcoin treasury. If the company wins both legal battles, shareholders will receive a dividend of $7 per share, and Genius Group will buy and add 5,000 BTC to its treasury at current market prices of roughly $107,000 per Bitcoin.

Genius Group has already expanded its corporate Bitcoin treasury by more than 50% after making a series of BTC acquisitions. The company aims to acquire 1,000 BTC for its corporate treasury. This move underscores the company's confidence in the cryptocurrency market and its potential for long-term growth. The decision to invest in Bitcoin comes at a time when the cryptocurrency market is experiencing heightened volatility and regulatory scrutiny.

The company's strategy not only highlights its forward-thinking approach but also its commitment to diversifying its investment portfolio. By allocating a significant portion of its lawsuit winnings to Bitcoin purchases, Genius Group is positioning itself as a leader in the adoption of innovative financial technologies. This strategy aligns with the growing trend of institutional investment in cryptocurrencies.

The decision to split the winnings equally between shareholder dividends and Bitcoin purchases is a strategic move that benefits both the company and its shareholders. By returning a portion of the winnings to shareholders, Genius Group demonstrates its commitment to shareholder value. At the same time, the investment in Bitcoin provides the company with a hedge against inflation and a potential source of long-term growth.

The cryptocurrency market has seen significant growth in recent years, driven by increasing adoption and regulatory clarity. Bitcoin, in particular, has emerged as a leading digital currency, with a market capitalization that rivals traditional assets. The decision by Genius Group to invest in Bitcoin is a testament to the growing acceptance of cryptocurrencies as a legitimate investment option.

In conclusion, Genius Group's plan to invest in Bitcoin is a strategic move that reflects the company's confidence in the future of digital currencies. By allocating a significant portion of its lawsuit winnings to Bitcoin purchases, Genius Group is positioning itself as a leader in the adoption of innovative financial technologies. This strategy not only diversifies the company's investment portfolio but also aligns with the growing trend of institutional investment in cryptocurrencies. The decision to split the winnings equally between shareholder dividends and Bitcoin purchases is a strategic move that benefits both the company and its shareholders, demonstrating Genius Group's commitment to long-term growth and shareholder value.