Genius Group Plans $7 Dividend Bitcoin Treasury Boost

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 aim to repurpose any wins from two ongoing lawsuits that seek 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 that amount to account for damages in 2024 and 2025. The lawsuits aim to recover damages caused to the 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 other half 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. Future court winnings will also be subject to the distribution plan, although there is no guarantee of any win or payouts in either case.

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 Genius Act, a legislative proposal aimed at bringing stablecoins into the financial mainstream, has sparked interest from various stakeholders. The act seeks to impose stricter oversight on stablecoins, which function as a bridge between traditional finance and the crypto world. This regulatory push is expected to bring more stability and legitimacy to the cryptocurrency market, making it an attractive investment option for companies like Genius Group.

The move by Genius Group to invest in Bitcoin is a bold step that reflects the company's belief 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 cryptocurrencies. This strategy not only diversifies the company's investment portfolio but also aligns with the growing trend of institutional investment in digital assets. 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, with Bitcoin emerging as the leading digital currency. Despite its volatility, Bitcoin has proven to be a resilient asset, with a strong track record of price appreciation. The decision by Genius Group to invest in Bitcoin is a testament to the company's confidence in the future of digital currencies and its potential to disrupt traditional financial systems. In conclusion, Genius Group's plan to invest in Bitcoin is a strategic move that reflects the company's forward-thinking approach and commitment to innovation. By allocating a significant portion of its lawsuit winnings to Bitcoin purchases, Genius Group is positioning itself as a leader in the adoption of digital currencies. 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 win-win for both the company and its shareholders, providing a hedge against inflation and a potential source of long-term growth.