Online reports that Genius Group, a company listed on the New York Stock Exchange, announced that it has issued a rights issue to its shareholders. The rights issue will only be carried out by supplementing the prospectus. The company plans to use 100% of the net proceeds from the rights issue to purchase BTC to enrich its Bitcoin reserves. It is expected that if the rights issue is fully subscribed, the proceeds will reach US$33 million. In addition, Genius Group also announced that it will seek one or more additional loan financing, totaling up to US$22 million. If the company successfully raises the maximum amount in rights issues and additional loans, its Bitcoin reserves will increase from the current US$45 million to US$100 million.