Genius Group, a publicly-listed artificial intelligence firm, plans to raise $33 million to purchase additional Bitcoin for its BTC treasury. The company's board of directors has approved a rights offering plan, and they are also considering other financing options, such as loans, totalling $20 million. With its current BTC treasury standing at $35 million, the successful raises could increase Genius Group's total Bitcoin holdings to $86 million. This move aligns with the increasing trend of public and private companies buying Bitcoin to add to their balance sheets, following the example set by companies like MicroStrategy. The approval of spot Bitcoin exchange-traded funds in the US, such as BlackRock's IBIT, is also seen as a significant development in the past year.



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