Genius Group Restarts Bitcoin Treasury After Court Lifts Ban, Targets $827 Million

Published October 7, 2026, 13:30 UTC. Based on a Genius Group press release dated October 6, 2026 (via GlobeNewswire), with background reporting by NewsBTC, KuCoin and Pro-Blockchain.

Genius Group is buying Bitcoin again. The Singapore-based education company, listed on NYSE American under the ticker GNS, said on October 6, 2026, that it acquired 10 Bitcoin for about $854,000 at an average price of $85,364 per coin between October 2 and October 5.

The purchase is the company's first since a U.S. court cleared the legal path for its treasury plan. Genius described the buy as the next step in a board-approved $1.2 billion dual treasury capital plan, announced August 27, 2026, that targets $827 million in Bitcoin and $800 million in AI assets, with a goal of reaching $2 billion in total assets by fiscal year 2031.

The August 31 court order that cleared the way

Genius had been barred from issuing shares, raising funds and purchasing Bitcoin under a preliminary injunction. On August 31, 2026, the U.S. Court of Appeals for the Second Circuit vacated that injunction as it applied to the company, according to the press release, and sent the underlying dispute back to the Southern District of New York. The ruling removed the restriction that had kept the company's treasury plan on hold.

Chief executive Roger James Hamilton said the company intends to keep accumulating Bitcoin on an ongoing basis alongside its planned accumulation of AI stocks. According to the company, its AI portfolio already includes look-through interests in OpenAI, Anthropic, Databricks and SpaceX, though no Bitcoin had been added to the balance sheet since the restriction took effect.

How the $1.2 billion plan is funded

Genius said it will fund the dual treasury purchases through operating cash flow, a previously announced perpetual preferred securities issuance program, and an at-the-market stock offering mechanism. The company said it has no plans to acquire assets through debt financing or to pledge its Bitcoin and AI stock holdings as collateral.

The financing structure is modeled on Strategy's Bitcoin-backed preferred securities, such as STRC, which KuCoin reported now exceed $13 billion in market value. Genius plans to issue about $1.2 billion of similar perpetual preferred securities, with proceeds funding Bitcoin purchases, AI investments and a cash reserve covering roughly 18 months of preferred dividends, Pro-Blockchain reported. Hamilton said the first raise is planned at $12.5 million, with final size, pricing and timing subject to market conditions and board approval.

From 440 Bitcoin to zero, and back

Genius adopted its Bitcoin treasury strategy in 2024 and built its reserves to a peak of 440 BTC, KuCoin reported. The company then sold its remaining holdings in April and used the proceeds to repay $8.5 million of debt, KuCoin said. Genius reported $106.6 million in net assets and no third-party debt as of June 30, 2026, according to the same report.

The 10 BTC purchase is small against the $827 million target, and Hamilton acknowledged the scale, saying it signals the company's restart of its Bitcoin accumulation strategy rather than moving the needle on its own. The company said its goal is to expand both treasuries without issuing additional ordinary shares, with returns above the preferred dividend rate flowing through to net asset value for common shareholders.

This article is news reporting and is not investment advice.

Sources

• Genius Group, press release "Genius Group Recommences Bitcoin Treasury Purchases" (Oct. 6, 2026, via GlobeNewswire), primary source
• NewsBTC, Genius Group Restarts Bitcoin Buying With 10 BTC Purchase (Oct. 6, 2026), secondary source
• KuCoin, Genius Group Plans $827M Bitcoin Treasury Restart Using Preferred Securities, secondary source
• Pro-Blockchain, After selling every coin it owned, a public company is using Strategy's STRC playbook to restart its $827M Bitcoin treasury plan, secondary source