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Ingenious groupa company that uses artificial intelligence (AI) in network education, shared plans Use any gains for future lawsuits to reward your investors and buy more bitcoin
Btc
106.910,40
.
According to a Statement 25. JuneThe Committee of the Company approved a proposal that would divide money from two upcoming legal cases between the shareholders and Bitcoin Holdings.
If the ingenious group wins both cases, half Funds will go to shareholders as a special payment of cash. The other half will be used to buy bitcoin and store it as part of the company’s financial reserve.
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One of the lawsuits was filed with the Rico Law of Damage from LZGI International over $ 750 million. The second lawsuit has not yet been filed, but the executive director Genius Group, Roger Hamilton, said the combined total number of both cases could exceed $ 1 billion.
Hamilton stated that the company expects to recover at least $ 262 million Based on financial data from 2023. He also mentioned that this assessment was likely to increase after the figures from 2024 and 2025 were added.
In addition, Hamilton said the company wants Ensure that any money has been conquered through the courts in favor of shareholders in favor of. According to the company plan, if both lawsuits are successful, shareholders would receive $ 7 for each part they own.
At the same time, Genius Group would use other funds to buy about 5000 bitcoin at current market prices, which are close to $ 107,000 per money.
Recently, ECD Automotive Design signed a $ 500 million contract with ECDA Bitcoin Treasury LLC. What is the purpose of the agreement? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
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