TL;DR:
- Genius Group acquired 10 BTC for approximately $854,000 between October 2 and 5, 2026, at an average price of $85,364 per unit.
- The company liquidated its entire previous reserves on April 1, 2026, to settle an outstanding debt of $8.5 million.
- The U.S. Court of Appeals for the Second Circuit overturned the preliminary injunction restricting the firm’s fundraising and corporate asset purchases on August 31, 2026.
To rebuild its Bitcoin treasury, education technology firm Genius Group announced this Wednesday, October 6, the purchase of 10 BTC. With this acquisition, the company resumes operations in the digital asset market following six months of forced inactivity.
The transaction totaled approximately $854,000, executed through gradual trades. Roger James Hamilton, Chief Executive Officer of the company, stated that the volume serves as a corporate signal confirming management’s return to the institutional accumulation of digital assets.
In late 2024, the company implemented a corporate treasury reserve policy inspired by the MicroStrategy model, committing up to 90% of its liquid reserves to Bitcoin. By February 2025, the firm’s treasury reached 440 BTC following an estimated outlay of $42 million at an average price of $95,519 per token.
That strategy was interrupted shortly after by legal disputes with LZG International. A preliminary injunction blocked the issuance of new shares and the acquisition of digital assets in March 2025.
During the court-ordered asset freeze, the company was forced to gradually reduce its holdings. Although it temporarily resumed smaller purchases in May 2025, reaching 85.5 BTC, on April 1, 2026, it sold all remaining holdings to pay off $8.5 million in maturing liabilities.
The Second Circuit Court Ruling and the Corporate Plan Toward 2031
The restart of the accumulation program follows a legal resolution issued on August 31, 2026. On that date, the U.S. Court of Appeals for the Second Circuit vacated the preliminary injunction imposed in New York, removing financial restrictions on Genius Group. In parallel, the company continues to pursue a federal RICO Act lawsuit in Florida against former LZG executives, seeking treble damages exceeding $750 million.
The purchase of these 10 BTC marks the initial phase of a $1.2 billion dual financial program approved by its board of directors on August 27, 2026. According to corporate filings submitted by the firm, the target entails accumulating $827 million in Bitcoin and $800 million in artificial intelligence sector assets by the end of fiscal year 2031. In its technology portfolio, the company holds indirect exposure to OpenAI, Anthropic, Databricks, and SpaceX.
Financing for the program will not rely on direct bank debt nor will it pledge digital assets as loan collateral. Official company filings indicate that capital will be sourced from operating cash flows, at-the-market (ATM) common stock issuances, and an upcoming offering of perpetual preferred shares.
The preferred share issuance framework mirrors structures utilized by publicly traded firms to capitalize digital asset treasuries. The company expects to outline the terms of this preferred share offering during its upcoming investor presentations in the fourth quarter of 2026.
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