Genius Group Limited ( (GNS) ) just unveiled an update.
On April 3, 2025, Genius Group Limited announced that it has been blocked by a New York court from raising funds and purchasing Bitcoin, forcing the company to sell its Bitcoin Treasury. This legal action stems from a series of lawsuits and injunctions related to an Asset Purchase Agreement with Fatbrain AI, which has led to significant operational and financial challenges for Genius. The company is pursuing legal appeals and restructuring its operations to mitigate the impact, including downsizing and selling Bitcoin assets. Despite these challenges, Genius remains committed to its mission and is taking steps to protect its shareholders’ interests.
More about Genius Group Limited
Genius Group Limited is a Bitcoin-first business that delivers AI-powered education and acceleration solutions for the future of work. The company serves 5.4 million users in over 100 countries through its Genius City model and online digital marketplace, offering AI training, tools, and talent. It provides personalized AI pathways for individuals, enterprises, and governments.
YTD Price Performance: -59.35%
Average Trading Volume: 3,509,684
Technical Sentiment Signal: Strong Buy
Current Market Cap: $14.94M
Learn more about GNS stock on TipRanks’ Stock Analysis page.