Genius Group Responds to Abnormal Stock Price Fluctuations: Reserves the Right to Pursue Legal Liability Against Any Illegal or Manipulative Activities

According to GlobeNewswire, Genius Group, a U.S.-listed Bitcoin treasury company, announced that it is responding to abnormal market trading activity in its stock, as required by NYSE American, following an unusual stock price surge on May 27—from $0.24 to $0.52, representing an intraday gain of up to 116%. Genius Group stated that no material undisclosed developments have occurred in its business or operations, and it has identified no other factors that could have caused the abnormal price movement. There are currently no undisclosed transactions involving shareholders, directors, or executives. The company previously announced its Board’s approval of its AI Treasury Strategy, which includes plans to invest up to $100 million in the AGI Infinity portfolio—covering entities such as SpaceX and OpenAI. Additionally, its first round of Bitcoin shareholder rewards has concluded, and the second round will launch on June 1. Genius Group has engaged U.S.-based market monitoring firm Shareholder Intelligence to conduct a specialized analysis of the trading activity and reserves the right to pursue legal action against any unlawful or manipulative behavior.