BitcoinTreasuries.NET said in a post on X that Singapore-listed Genius Group has unveiled a plan to buy $827 million worth of Bitcoin by 2031. According to the post, the company intends to fund the purchases through an issuance of preferred shares. The update identifies Genius Group as a listed company in Singapore and frames the move as a long-term Bitcoin acquisition plan running through 2031. No additional details on the issuance structure or purchase schedule were provided in the source item.
Odaily reported that BitcoinTreasuries.NET said in a post on X that Singapore-listed Genius Group plans to buy $827 million worth of Bitcoin by 2031 through a preferred share issuance.
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