Genius Group, an educational company focused on artificial intelligence, announced plans to distribute potential winnings from lawsuits to shareholders and increase its Bitcoin treasury.
Lawsuit Details and Distribution Plan
The board has approved a distribution plan for proceeds from two lawsuits totaling over $1 billion. One lawsuit has been filed under the Racketeer Influenced and Corrupt Organizations (RICO) Act, seeking over $750 million from LZGI International. CEO Roger Hamilton estimates that the company might recover at least $262 million based on 2023 data. If Genius Group wins both lawsuits, shareholders could receive $7 per share.
Bitcoin Treasury Strategy Context
Since November 2024, Genius Group has pursued an aggressive Bitcoin accumulation strategy. Currently, the company holds 100 Bitcoin at an average price of $100,600 per coin, aiming to build a treasury of 1,000 Bitcoin, positioning itself among early adopters on the NYSE American.
Broader Market Implications
Corporate Bitcoin adoption has accelerated significantly in 2025, with over 90 public companies holding Bitcoin on their balance sheets. This trend reflects changing corporate attitudes toward digital assets and highlights Bitcoin's potential as an inflation hedge.
Genius Group's plans for distributing proceeds and expanding its Bitcoin treasury reflect a growing interest in digital assets and their application in the corporate sector.