Genius Group, a U.S.-listed Bitcoin treasury company, is investigating unusual trading activity in its stock after a significant price surge on May 27. The stock jumped from $0.24 to $0.52, marking an intraday gain of 116%. The company clarified that no undisclosed developments or transactions involving its shareholders, directors, or executives have occurred that could explain the price movement. In response, Genius Group has engaged Shareholder Intelligence to analyze the trading activity and has reserved the right to pursue legal action against any illegal or manipulative activities. The company recently announced its AI Treasury Strategy, planning to invest up to $100 million in the AGI Infinity portfolio, and completed its first round of Bitcoin shareholder rewards, with the second round set to begin on June 1.
Genius Group Investigates Stock Surge, Warns Against Manipulation
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