Genius Group to Split Legal Winnings 50-50 Between Shareholders and Bitcoin

Genius Group, a Singapore-based AI-driven education company listed on the NYSE American, has announced a new distribution plan for any future legal settlements. The company plans to split the proceeds equally between shareholder dividends and Bitcoin acquisitions for its corporate treasury. This decision comes as Genius Group pursues two major lawsuits seeking over $1 billion in damages.

The first lawsuit, already filed in the Southern District of Florida under the RICO Act, demands over $750 million in damages tied to alleged misconduct by former partners and executives. The second lawsuit, expected to be filed soon, targets alleged naked short selling and spoofing, with preliminary damages estimated above $260 million. These figures are expected to rise with updated 2024–2025 trading data.

If successful, 50% of any net legal recoveries—after fees and taxes—will be issued to shareholders as a special dividend. The remaining 50% will be used to purchase Bitcoin for the company’s treasury. Genius Group’s CEO, Roger Hamilton, stated, “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.”

This announcement follows Genius Group’s recent expansion of its Bitcoin holdings. The company boosted its treasury by 52% over the past month after a U.S. court lifted a previous ban on crypto purchases. Specifically, the company added 34 BTC to its corporate treasury, increasing its total holdings to 100 BTC. The acquisitions were made at an average price of $100,600 per Bitcoin, totaling roughly $10.06 million in investment. With the ban lifted, the CEO reiterated its 1,000 BTC target.

Genius Group's strategic plan to allocate future legal settlements equally between shareholder dividends and Bitcoin acquisitions is part of a broader trend among companies looking to diversify their holdings and hedge against traditional financial risks. By allocating a significant portion of its legal winnings to Bitcoin, Genius Group is positioning itself to benefit from the potential appreciation of the cryptocurrency while also providing immediate financial returns to its shareholders. This dual approach reflects the company's forward-thinking strategy and its commitment to maximizing shareholder value in a dynamic and evolving market.