Genius Group, an innovative leader in digital education, announced plans to acquire a Bitcoin (BTC) treasury of 10,000 BTC, a tenfold increase from its earlier target of 1,000 BTC. This ambitious initiative aims to enhance collaboration and provide educational resources globally, reflecting a commitment to the principles outlined by futurist Buckminster Fuller regarding humanity’s collective future.
Fuller famously described the current era as a “Final Exam” for humanity, emphasizing the need for a transition towards a cooperative existence rather than technological selfishness. He envisioned a world where technology serves the collective good, enabling a harmonious society. Genius Group aligns with this vision by leveraging Bitcoin as a transparent, decentralized monetary system that facilitates trustless collaboration among individuals across the globe.
As a company rooted in the philosophy of shared progress, Genius Group has developed the Wealth Dynamics system under the guidance of social entrepreneur and futurist Roger James Hamilton. Over two decades, Hamilton’s work has aimed to equip organizations, students, and entrepreneurs with tools necessary to thrive in the modern economy. Genius Group operates through a model of continuous learning communities, maximizing abundance and promoting the free exchange of ideas in a digital marketplace.
The company serves 5.8 million users in over 100 countries, utilizing its Genius City framework. These “Genius Cities” function as global campuses for innovation, fostering an environment where personalized AI pathways and active community engagement drive educational advancements. Recently, the flagship Genius City in Bali hosted the inaugural Genius Future Summit on October 2-3, 2023, further solidifying its role as a hub for innovation.
Genius Group’s initiative to establish a Bitcoin treasury aligns with its belief in Bitcoin as a vital tool for addressing the challenges posed by Fuller’s World Game. By purchasing BTC, the company aims to transition from competition to collaboration, supporting other treasury companies while advocating for a universal value distribution system.
To achieve its treasury goal, Genius Group plans to employ various financial strategies, including an At-The-Market facility, debt financing, low-cost convertible bonds, and funding from its operating business. The company is targeting the acquisition of 10,000 BTC within the next one to two years, thus significantly impacting the overall BTC supply.
As a sponsor of CoinDesk’s Bitcoin Treasury Month, Genius Group actively promotes Bitcoin and its potential role in shaping a post-Final Exam society. The decision to establish a substantial Bitcoin treasury demonstrates the company’s commitment to its mission and belief in the transformative power of cryptocurrency.
In a rapidly evolving technological landscape, Genius Group emphasizes the importance of abandoning selfish technological practices in favor of collective advancement. By combining human ingenuity with AI solutions, the company aims to create an educational foundation that prepares the next generation for global challenges.
Genius Group’s strategic moves reflect a broader vision of fostering collaboration and innovation in a world increasingly influenced by digital finance and technology. By prioritizing community engagement and resource sharing, the company is positioning itself as a significant player in the future of education and economic collaboration.
