PPS

Genius Group
2026-08-27 14:12:01

Genius Group unveils capital plan to fund AI and Bitcoin treasuries

Singapore-based Genius Group has announced a capital plan to finance a board-approved dual-treasury strategy, according to a report cited from Globenewswire. The company said it is targeting total assets of $2 billion by fiscal year 2031, with an $800 million AI Treasury and an $827 million Bitcoin Treasury. The financing structure is designed around perpetual preferred stock in an effort to increase net asset value per common share, or NAVPS, while limiting dilution to common shareholders. Genius Group said it intends to use its $1.2 billion shelf registration, which the U.S. Securities and Exchange Commission declared effective on July 18, 2025, to issue publicly registered perpetual preferred securities, or PPS, for the dual treasury. As an initial step, the company plans to raise $12.5 million through a PPS offering. The preferred shares are expected to be non-convertible, carry a floating rate, and pay dividends monthly. Proceeds are slated for the company’s AI Treasury, Bitcoin Treasury, and a U.S. dollar reserve equal to about 18 months of preferred share dividends. Genius Group also said it has started talks with investment banks experienced in preferred securities and digital asset financing, while final terms and timing have not yet been set.

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Genius Group unveils capital plan to fund AI and Bitcoin treasuries
FDIC
2026-07-31 04:38:40

FDIC proposal would require weekly stablecoin filings with top 100 wallet and reserve disclosures

The U.S. Federal Deposit Insurance Corporation has proposed a new reporting form, PS-01, that would require regulated payment stablecoin issuers to submit weekly disclosures covering issuance, redemptions, market activity, and reserve composition. Under the plan, each registered permitted payment stablecoin issuer would have to file a separate report for every stablecoin it issues, with submissions due by 5 p.m. every Wednesday through FDICconnect and data reported on a daily basis. The proposal stands out for how detailed it is. Issuers would need to list the top 100 wallet addresses by holdings and the top 100 by trading volume, including daily gross buys and sells, as well as the top 100 exchanges by trading activity across both centralized and decentralized venues. The form also asks for daily pricing metrics tied to the $1 peg, average redemption time in hours, the total amount of redemptions not initiated within 48 hours, and reserve breakdowns that extend to individual U.S. Treasury securities identified by CUSIP. The form remains at the proposal stage, and some definitions are still being developed.

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FDIC proposal would require weekly stablecoin filings with top 100 wallet and reserve disclosures