Genius Group, the NYSE American-listed education company, has mapped out a five-year capital plan to fund a dual treasury holding $827 million in bitcoin and $800 million in AI-related assets, with a combined target of $2 billion in total assets by fiscal 2031. The company disclosed the plan in a filing dated August 27 and has since begun talks with investment banks about financing it.
The funding vehicle is perpetual preferred stock, a method the company says has raised more than $16 billion for treasury companies since January 2025. Proceeds would be split three ways: the bitcoin treasury, the AI treasury, and a dollar reserve equal to about eighteen months of preferred dividends.
What the plan contains
| Pillar | Target | Status |
|---|---|---|
| Bitcoin treasury | $827 million | Purchases to restart in Q4 2026 |
| AI treasury (AGI Infinity Portfolio) | $800 million | $100 million phased deployment authorized May 2026 |
| Total assets | $2 billion by FY2031 | Five-year plan |
The bitcoin side has a strange history. Genius Group adopted a bitcoin-first strategy in November 2024, committing 90 percent or more of its reserves to the asset. It built a treasury of 319.4 BTC bought at an average of $93,919 by the end of that year, kept buying into 2025 at averages above $100,000, then exited its positions entirely. The board has now committed to restarting purchases in the fourth quarter of 2026, timed against what the company calls the historic four-year halving cycle low, with an anticipated uptrend through 2029.
That round trip means the company sold near the top of the last cycle and now plans to buy back near what it believes is the bottom of the current one. Whether that timing works out is the whole bet. Management has framed the exit and re-entry as discipline rather than luck, but the record shows the company was a buyer at $93,000 and a seller at prices above that, which is the opposite of the textbook approach.
The AI treasury side
The AI treasury, authorized in May 2026, holds look-through positions in pre-IPO companies including Anthropic, Anduril and Databricks. The company says those positions have repriced 100 percent to 154 percent higher since the treasury launched. A three-phase deployment plan totals $100 million across pre-IPO funds, listed AI infrastructure companies and second-order investments, with the remaining $700 million of the $800 million target still to be funded.
Pairing the two treasuries is deliberate. Management argues that bitcoin and AI equities are the two assets its education audience cares about most, and that the combination hedges neither against the other. Skeptics would call it two speculative bets stacked on a small operating business. The filing is explicit that the goal is maximizing net asset value per share, which is the metric treasury companies now compete on.
Why preferred stock
Chief executive Roger James Hamilton said the company trades at a price-to-book ratio of 0.29x and framed the plan as a way to grow net asset value per share while minimizing dilution to ordinary shareholders. Strive Asset Management’s SATA perpetual preferred, which raised over $150 million for its own bitcoin treasury, is the template the company points to. The combined market value of bitcoin-backed preferred securities now exceeds $13 billion, according to the company’s filing.
The structure has a real advantage for a small-cap: preferred shares sit ahead of common equity in the capital stack, so issuing them is less punishing to existing holders than a large common equity raise. It also carries a fixed dividend obligation, which is why the plan reserves eighteen months of dividend payments in cash up front. If the treasury assets fall in value while the dividend obligation stays fixed, the cushion erodes from both ends.
The context around it
Genius Group is a small company making a large bet. Its education business serves over 6 million users across more than 100 countries through its Genius City model and online marketplace, but a $2 billion treasury plan is enormous relative to the scale of the underlying business. The gap between ambition and balance sheet is the risk investors will price.
It is also a sign of where the digital asset treasury trend has drifted. The first wave of DAT companies bought bitcoin with common equity at any cost. The current wave is structuring around preferred shares, convertible instruments and multi-asset treasuries that pair bitcoin with AI positions. Genius Group’s dual treasury, with Anthropic and Anduril on one side and bitcoin on the other, is a clean example of the blend.
Timing matters too. The company is deliberately waiting until the fourth quarter to resume bitcoin purchases, betting that the halving cycle’s low is behind or directly ahead. Bitcoin has recovered to the $80,000 range in September after a long drawdown, with spot ETF inflows turning positive again and institutional products seeing their strongest weeks of the year. If the price keeps climbing, the entry window narrows. If the drawdown extends, the plan gets cheaper to execute.
Final terms and timing of the preferred offering remain subject to confirmation. The company has not named the investment banks it is talking to, and a price-to-book of 0.29x suggests the market is discounting the plan heavily until capital actually arrives. Investors watching the trade should track three things: whether the offering actually prices, whether Q4 bitcoin purchases begin on schedule, and whether the AI treasury’s private positions can be marked honestly as the IPO window moves.