Genius Group Offers $0.10 Bitcoin Reward Per Share to Eligible Holders

According to Genius Group, shareholders who transfer shares to VStock and hold for six months will receive Bitcoin rewards, with most shares already in book-entry form.

BTC

Summary

Genius Group Limited officially announced a $0.10 per share Bitcoin reward program for eligible shareholders. Participants must transfer their shares to the company's transfer agent, VStock, for book-entry registration and maintain this form of holding for six months to qualify. The company noted that 60.3% of its shares are currently in book-entry form, meaning the majority of shareholders may already meet part of the eligibility requirements.

Terms & Concepts
  • Book-Entry Form: A method of recording ownership of securities electronically without physical certificates.
  • Bitcoin Reward: A payment made in bitcoin to incentivize or compensate stakeholders, in this case shareholders of a company.
  • VStock Transfer: A transfer agent service that manages book-entry recording and share transactions for companies and shareholders.