Genius Group, a prominent edtech company, has announced a bold plan to distribute potential legal winnings totaling over $1 billion to its shareholders — while also significantly increasing its Bitcoin holdings. The company’s board has approved a strategic move that could mean a $7 per share payout if both ongoing lawsuits are successful.
Billion-Dollar Lawsuits Could Lead to Major Shareholder Dividends
The company is currently pursuing two major legal cases. One is a $750 million lawsuit filed under the RICO Act against LZGI International, while the second case, still pending, could push the total claims above $1 billion. If both lawsuits are successful, shareholders can expect to receive at least $7 per share.
CEO Roger Hamilton confirmed that Genius Group will split any legal payouts evenly—half going directly to shareholders and the other half used to build up a substantial Bitcoin reserve. This unique approach combines traditional dividends with a forward-looking crypto strategy.
Bitcoin Treasury Expansion: 5,000 BTC Targeted
Genius Group plans to purchase up to 5,000 BTC, based on current Bitcoin prices of around $107,000 per coin. The company has already increased its Bitcoin holdings by more than 50% this year, reflecting its growing confidence in digital assets.
This move marks a significant shift for Genius, which was previously restricted from using investor funds to buy Bitcoin. That restriction was lifted after just one month, giving the firm a green light to double down on its crypto-centric vision.
In a commitment to long-term strategy, Genius also stated it will apply this distribution model—splitting legal winnings between dividends and Bitcoin accumulation—to any future legal settlements or awards.
With this dual-pronged plan, Genius Group is not only rewarding its investors but also positioning itself as a major institutional player in the world of Bitcoin.