Genius Group announced unaudited financial results for H1 2024, reporting a 177% increase in net asset value to $54.6 million. Revenue decreased to $4.9 million from $11.8 million in H1 2023 due to spin-offs, while operating expenses reduced to $10.8 million from $15.4 million. Net loss decreased 22.8% to $8.8 million, with loss per share down 74% to $0.84.The company's total assets grew 81% to $78.3 million. Genius Group launched several strategic initiatives, including an AI Avatar Tutor Team and Genius Cities in Singapore, Abu Dhabi, and Dubai. Post-period, it implemented a Bitcoin-first strategy, investing $20 million to acquire 214 Bitcoin.Genius Group withdrew previous guidance due to issues with the LZGI transaction, which it is seeking to rescind through arbitration. The company now anticipates full-year net asset value of $75 million, including over $20 million in its Bitcoin Treasury, and targets 1,000 Bitcoin for its treasury.

Genius Group announced unaudited financial results for H1 2024, reporting a 177% increase in net asset value to $54.6 million. Revenue decreased to $4.9 million from $11.8 million in H1 2023 due to spin-offs, while operating expenses reduced to $10.8 million from $15.4 million. Net loss decreased 22.8% to $8.8 million, with loss per share down 74% to $0.84.The company's total assets grew 81% to $78.3 million. Genius Group launched several strategic initiatives, including an AI Avatar Tutor Team and Genius Cities in Singapore, Abu Dhabi, and Dubai. Post-period, it implemented a Bitcoin-first strategy, investing $20 million to acquire 214 Bitcoin.Genius Group withdrew previous guidance due to issues with the LZGI transaction, which it is seeking to rescind through arbitration. The company now anticipates full-year net asset value of $75 million, including over $20 million in its Bitcoin Treasury, and targets 1,000 Bitcoin for its treasury.