The board of Genius Group has approved a potential $1 billion lawsuit settlement distribution plan, aiming to support the increase of BTC holdings.

According to Mars Finance, the board of directors of the US-listed AI education technology company Genius Group has approved a distribution plan. In the future, if the company wins any litigation compensation, 50% of the net proceeds will be used to distribute special dividends to shareholders, and the other 50% will be invested in Bitcoin as the company's treasury reserves. It is reported that Genius Group CEO Roger Hamilton stated that they are currently pursuing two compensation claims, with a total sought amount exceeding 1 billion dollars. (Globenewswire)

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