Catenaa, Wednesday, July 02, 2025- Genius Group Limited’s board approved a plan to split all future legal award proceeds equally between shareholder dividends and purchases for its Bitcoin treasury.
The company, which pursues technology and education ventures, has two active U.S. lawsuits seeking more than $1 billion in damages.
One complaint, filed under the Racketeer Influenced and Corrupt Organizations Act in Florida, targets former LZGI International executives for over $750 million in alleged harm.
A second suit, led by attorney Wes Christian, accuses certain parties of naked short selling and spoofing, with preliminary damages estimated between $251.3 million and $262.7 million.
Roger Hamilton, Genius Group’s chief executive, said the board believes net proceeds belong directly to shareholders and should either be paid out or used to build the company’s Bitcoin holdings.
Genius Group will distribute half of each legal award as dividends and allocate the remainder to purchase Bitcoin for its treasury.
The approach reflects rising corporate interest in digital assets and offers investors both immediate returns and potential long-term upside from cryptocurrency exposure.
The company did not provide a timetable for receiving legal proceeds or for executing Bitcoin purchases. Genius Group will update shareholders as litigation progresses and funds become available.
