Genius Group offers Bitcoin loyalty payment for book entry shareholders

Published 23/10/2025, 13:08
Genius Group offers Bitcoin loyalty payment for book entry shareholders

SINGAPORE - Genius Group Limited (NYSE American:GNS), currently trading at $0.84 and showing a remarkable 160% surge over the past six months according to InvestingPro data, announced Thursday it will offer a $0.10 per share loyalty payment in Bitcoin to shareholders who maintain their shares in book entry with the company’s transfer agent.

The education company, with a market capitalization of approximately $73 million, has established November 28, 2025, as the record date for the program. Shareholders who keep their shares in book entry for six months until May 28, 2026, will qualify for the payment. InvestingPro analysis indicates the stock typically trades with high volatility, making this stability initiative particularly noteworthy.

According to the company, 60.3% of its issued shares were already in book entry as of September 23, with 39.7% remaining at brokers. The initiative aims to increase the percentage of shares held in book entry.

"We have previously encouraged our long-term shareholders to maintain their shares in book entry with our transfer agent, VStock, in order to minimize the risk of their shares being lent to short sellers," said Roger Hamilton, CEO of Genius Group.

Qualifying shareholders will be contacted before the May 2026 qualifying date to provide either a Bitcoin wallet address or bank account details. While Bitcoin is the company’s recommended payment method, cash transfers will also be available.

Shareholders of Entrepreneur Resorts Ltd who are due Genius Group shares as part of an Asset Purchase Agreement are also eligible for the loyalty payment, though the program excludes directors, officers, and employees of the company.

To participate, shareholders must instruct their brokers to transfer shares via the Direct Registration System to VStock Transfer by the November record date.

The announcement was made in a company press release. For investors seeking deeper insights into GNS’s volatile trading patterns and comprehensive financial analysis, InvestingPro offers detailed research reports with over 14 additional key insights and metrics that could help inform investment decisions.

In other recent news, Genius Group Limited reported a 20% increase in total assets for the first half of 2025, reaching $121.3 million on a proforma basis. The company also announced first half revenue of $6.1 million, reflecting a 25% year-on-year growth compared to the same period in 2024, though on a review basis, revenue was $2.7 million, a 44.32% reduction from the previous year. In a strategic move, Genius Group repurchased 1 million shares at an average price of $0.90 per share, marking the third buyback since the approval of its repurchase program. The company has now repurchased a total of 3 million shares, representing 21% of the approved amount. Additionally, Genius Group appointed Robert Kiyosaki and Saifedean Ammous as advisors to its board, aiming to enhance its brand growth and Bitcoin initiatives. Kiyosaki will focus on expanding entrepreneur and financial education programs, while Ammous will advise on Bitcoin Treasury and related projects. Furthermore, the company plans to hold a live update on its legal battles against LZGI, addressing ongoing lawsuits and related developments.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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