PANews reported on January 31 that according to globenewswire, Genius Group, a NYSE-listed company, announced that it would issue rights shares to shareholders, and the net proceeds of the rights shares will be used entirely to purchase Bitcoin, with an estimated income of up to $33 million. In addition, the company plans to seek additional loan financing of up to $22 million. If the rights issue and loan financing are successful, Genius Group's Bitcoin reserves will increase from $45 million to $100 million. Genius Group, a NYSE-listed company, announced that it would issue rights shares to shareholders, and the net proceeds of the rights issue will be used entirely to purchase Bitcoin, with an estimated income of up to $33 million. In addition, the company plans to seek additional loan financing of up to $22 million. If the rights issue and loan financing are successful, Genius Group's Bitcoin reserves will increase from $45 million to $100 million.