Genius Group responds to unusual stock fluctuations: reserves the right to pursue accountability for any illegal or manipulative activities

Deep Tide TechFlow News, May 30th, according to Globenewswire, the U.S. listed Bitcoin treasury company Genius Group announced that due to abnormal stock price fluctuations, on May 27th, the stock price rose from $0.24 to $0.52, with intraday gains of up to 116%. Therefore, based on the NYSE American statement, they responded to the abnormal market trading activity of the stock.

Genius Group stated that there have been no undisclosed major events affecting the company's business and operations, nor have any other reasons been found that could cause abnormal stock price fluctuations. Currently, no undisclosed transactions involving shareholders, directors, or executives are ongoing. Previously, the company announced that the board approved an AI treasury strategy, planning to invest up to $100 million in the AGI Infinity portfolio, involving SpaceX, OpenAI, and others. Additionally, their first round of Bitcoin shareholder rewards has concluded, and the second round will start on June 1st. They have requested U.S. market monitoring firm Shareholder Intelligence to conduct a special analysis of market trading and reserve the right to hold accountable for any illegal or manipulative behaviors.