Genius Group(GNS)

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Genius Sports: Great Business, Tough Valuation
Seeking Alpha· 2025-03-09 14:59
Company Overview - Genius Sports (NYSE: GENI) specializes in real-time sports data, analytics, and technology, which are essential for modern sports operations [1] - The company operates at the intersection of sports betting, media, and fan engagement, highlighting its multifaceted role in the sports industry [1] Research Principles - Grassroots Trading emphasizes objective, unbiased, and balanced research, relying on solid data without emotional influences [1] - The focus is primarily on small- to mid-cap companies, providing compelling investment insights that are often overlooked [1] - The research also includes periodic identification of opportunities in large- and mega-cap companies, broadening the coverage of dynamic equity markets [1]
Genius Group Sponsors Digital Assets Institutional Investor Summit, Hong Kong and Bitcoin Investor Week, New York.
GlobeNewswire· 2025-02-14 13:00
Core Insights - Genius Group Limited is actively participating in two major institutional investor summits in February 2025, focusing on Bitcoin and digital assets [1][2][3] Group 1: Events and Sponsorships - Genius Group is sponsoring the Digital Assets Institutional Investor Summit in Hong Kong on February 18, 2025, discussing Bitcoin Treasury Companies with Asian institutional investors [2] - The company is also sponsoring Bitcoin Investor Week in New York from February 24-28, 2025, featuring prominent advocates of Bitcoin and focusing on institutional adoption and corporate treasuries [3] Group 2: Company Positioning - Genius Group is the only Asian Bitcoin Treasury Company listed on a major US stock exchange, attracting international investors interested in Bitcoin exposure with zero capital gains tax [4] - The launch of the Bitcoin Academy aims to educate corporations, executives, and investors on the benefits of institutional Bitcoin adoption [4] Group 3: Company Overview - Genius Group serves 5.4 million users across over 100 countries, providing AI-powered education and acceleration solutions through its Genius City model and online marketplace [6]
Genius Group calls EGM to approve share buyback, cancels rights offering.
GlobeNewswire News Room· 2025-02-12 13:00
Core Viewpoint - Genius Group Limited has announced plans for a share buyback of up to 20% of its issued share capital and the creation of new classes of ordinary and preferred shares, in response to its current share price being significantly below its Bitcoin Treasury value and net asset value [1][4][8]. Group 1: Share Buyback and Rights Offering - The Board of Directors has called for an Extraordinary General Meeting (EGM) to authorize a share buyback of up to 20% of the issued share capital [1][8]. - The rights offering previously announced has been canceled due to the company's share price being below the exercise price [2][3]. - All subscription payments from holders who exercised their rights will be returned without interest or penalty [3]. Group 2: Financial Position and Strategy - The current market capitalization of Genius Group is reported to be 50% of the value of its Bitcoin Treasury and 30% of the company's net asset value [4]. - The company aims to increase its Bitcoin Treasury through reserves and other funding means [2]. - The CEO emphasized a strong growth plan for profitable growth in 2025, with expectations of building company value relative to asset and treasury growth [4]. Group 3: Upcoming EGM Details - The record date for the upcoming EGM is set for February 24, 2025 [5]. - Items to be voted on at the EGM include the approval for the share buyback, the issuance of a new class of preference shares with dividends, and a new class of ordinary shares that will carry 10 votes per share [8]. Group 4: Company Overview - Genius Group is a Bitcoin-first education group that provides AI-powered education and acceleration solutions, serving 5.4 million users in over 100 countries [6]. - The company focuses on personalized, entrepreneurial AI pathways that combine human talent with AI skills and solutions at various levels [6].
VERSES® Genius™ Outperforms DeepSeek R1 Model in Code-Breaking “Mastermind” Challenge
GlobeNewswire News Room· 2025-02-04 13:41
Core Insights - VERSES AI Inc. announced that its flagship product, Genius, outperformed both OpenAI's o1-preview model and China's DeepSeek's R1 model in a code-breaking game called Mastermind, showcasing its advanced capabilities in multi-step reasoning and efficiency [1][4][5] Performance Comparison - Genius achieved a 100% success rate in cracking the Mastermind code, while DeepSeek's R1 only succeeded 45% of the time [2][5] - The total compute time for Genius to complete 100 games was 5 minutes and 18 seconds, averaging 3.1 seconds per game, compared to DeepSeek's 26 hours, averaging 334 seconds per game [2][5] - The estimated total cost for Genius to solve 100 games was $0.05, whereas DeepSeek's R1 incurred a cost of $38.94 [2][5] Technological Advantages - Genius demonstrated a performance that was 245 times faster and 779 times cheaper than DeepSeek's R1 model [3][4] - The technology behind Genius leverages a Bayesian approach and Active Inference, allowing it to excel in dynamic real-world scenarios [4] Market Implications - The results of the Mastermind challenge suggest that domain-specific models like Genius could be crucial for enhancing the capabilities of general-purpose large language models (LLMs) [4] - The CEO of VERSES indicated that the accuracy and reliability of AI agents are key to unlocking broader adoption across major corporations [4]
Genius Group increases Bitcoin Treasury to 440 Bitcoin for $42 million.
GlobeNewswire· 2025-02-03 13:00
Core Insights - Genius Group Limited has increased its Bitcoin purchases for its Bitcoin Treasury by an additional $2 million, bringing the total to 440 Bitcoin valued at $42 million, with an average purchase price of $95,519 per Bitcoin [1] - As of January 31, 2025, the market value of the Company's Bitcoin Treasury was $46 million, based on a Bitcoin price of $104,893, while the Company's market cap was $33.1 million, resulting in a BTC/Price ratio of 139% [2] - Genius Group operates as a Bitcoin-first education group, serving 5.4 million users across over 100 countries through its AI-powered education and acceleration solutions [3] Company Overview - Genius Group is focused on delivering AI-powered education and acceleration solutions, integrating human talent with AI skills and solutions for individuals, enterprises, and governments [3] - The Company utilizes a Genius City model and an online digital marketplace to provide AI training, tools, and talent [3]
Genius Group announces issuance and trading of rights in its rights offering.
Newsfilter· 2025-01-31 13:00
Core Viewpoint - Genius Group Limited has initiated a rights offering for its shareholders, allowing them to purchase additional shares at a subscription price of $0.50 per share, with the rights period expiring on February 14, 2025 [1][7]. Summary of the Rights Offering - Each shareholder received one transferable right for each ordinary share held as of January 24, 2025, enabling them to purchase one ordinary share at the subscription price [7]. - Rights holders can also subscribe for additional shares that remain unsubscribed through an over-subscription right, which allows for pro rata subscription [7]. - The rights are tradable on the NYSE American under the symbol "GNS RT" until February 13, 2025 [7]. Use of Funds - The company plans to use 100% of the net proceeds from the rights offering to purchase Bitcoin for its Bitcoin Treasury, with anticipated proceeds of up to $33 million if fully subscribed [7]. - Additionally, the company aims to pursue loan financings of up to $22 million, potentially increasing its Bitcoin Treasury from approximately $45 million to $100 million [7]. Company Overview - Genius Group is a Bitcoin-first education group that provides AI-powered education and acceleration solutions, serving 5.4 million users across over 100 countries [6]. - The company combines human talent with AI skills and solutions at various levels, including individual, enterprise, and government [6].
Genius Metals Changes Its Name to “Morocco Strategic Minerals Corporation”
GlobeNewswire News Room· 2025-01-29 13:21
Core Points - Genius Metals Inc. has received approval from shareholders to change its name to "Morocco Strategic Minerals Corporation" with over 99% of votes in favor [1] - The name change will take effect on January 31, 2025, and the company will trade under the new symbol "MCC" on the TSX Venture Exchange [2] - The new name aligns with the company's strategy to focus on exploring and developing its assets in Morocco [3] Company Overview - Genius Metals is a Canadian mineral exploration company dedicated to acquiring, exploring, and potentially developing natural resource properties in Morocco and Canada [4]
Genius Group files Rights Offering Prospectus Supplement to increase Bitcoin Treasury
Newsfilter· 2025-01-22 15:00
Core Viewpoint - Genius Group Limited has filed a Prospectus Supplement for a rights offering, with all net proceeds allocated to purchasing Bitcoin for its Bitcoin Treasury [1] Group 1: Rights Offering - The rights offering aims to enhance the company's Bitcoin Treasury, indicating a strong commitment to Bitcoin as a core asset [1] - A guide for shareholders regarding the rights offering has been provided, along with links to the company's recent Investor Call, Investor Presentation, and FAQs [2] Group 2: Investor Engagement - An investor call and webcast will be held to discuss the rights issue, Bitcoin Treasury Strategy, and the company's outlook for 2025, hosted by CEO Roger Hamilton [2] - The live webcast and subsequent replay will be accessible, ensuring transparency and engagement with investors [3] Group 3: Company Overview - Genius Group is positioned as a Bitcoin-first business, delivering AI-powered education and acceleration solutions, serving 5.4 million users across over 100 countries [3] - The company operates through its Genius City model and online digital marketplace, focusing on AI training, tools, and talent, providing personalized entrepreneurial pathways [3]
Genius Group increases Bitcoin Treasury to total purchase of 420 Bitcoin for $40 million.
GlobeNewswire· 2025-01-21 13:00
Core Viewpoint - Genius Group Limited has increased its Bitcoin purchases to a total of $40 million, acquiring 420 Bitcoin at an average price of $95,912 per Bitcoin, as part of its "Bitcoin-first" strategy [1][2]. Group 1: Bitcoin Strategy - The company announced its "Bitcoin-first" strategy on November 12, 2024, committing to hold 90% or more of its current and future reserves in Bitcoin, with an initial target of $120 million in Bitcoin [2]. - The total Bitcoin purchase of $40 million was made within three months of the initial strategy announcement [2]. Group 2: Financing and Investor Engagement - Genius Group has funded its Bitcoin purchases through reserves, an ATM facility, and $19 million in debt financing from Arch Lending [2]. - An investor call was held on January 15, 2025, regarding a planned rights offering to raise up to $50 million for additional Bitcoin purchases, pending the filing of a prospectus supplement [3]. Group 3: Company Overview - Genius Group is a Bitcoin-first business that provides AI-powered education and acceleration solutions, serving 5.4 million users across over 100 countries [3]. - The company operates through its Genius City model and an online digital marketplace offering AI training, tools, and talent [3].
Genius Group Announces Investor Call to Discuss Rights Issue and Bitcoin Treasury Strategy
GlobeNewswire· 2025-01-15 15:16
Core Viewpoint - Genius Group Limited is conducting an investor call to discuss its rights issue, Bitcoin Treasury Strategy, and outlook for 2025 [1] Company Overview - Genius Group is a Bitcoin-first education group that leverages AI to provide education and acceleration solutions [2] - The company serves 5.4 million users across over 100 countries through its Genius City model and online digital marketplace [2] - Genius Group offers personalized AI pathways that integrate human talent with AI skills and solutions for individuals, enterprises, and governments [2]