(SeaPRwire) – By: Robert Kensington
A small-cap education firm is pitching a $1.2 billion capital plan for AI and Bitcoin. It trades at a fraction of its own net asset value. It carries one tenth the price-to-book multiple of its peer group. This is not a standard growth play. It is a Hail Mary pass to close the gap between its share price and NAV. I have seen dozens of undervalued small caps try this trick over 30 years. Few pull it off, and most end up worse off for it.
Official release facts are straightforward. The five-year plan targets $800 million in AI assets and $827 million in Bitcoin. It aims for $2 billion in total assets by FY2031. It will use perpetual preferred securities instead of common equity. The company says this means no dilution for existing ordinary shareholders. The initial targeted raise is $12.5 million. Proceeds will split between the two treasuries and an 18-month dividend reserve. The firm currently holds $106.6 million in net assets and carries no third-party debt. Its existing AI treasury holdings have gained 100% to 154% since launch in May 2026. Its top holding, SpaceX at 13.5% weighting, is up 49% after its June 2026 NASDAQ listing. The industry subtext here is clear. The company cannot get the market to value its core education business. It has a 57% year-on-year NAV increase the market has not priced in. Instead of doubling down on core profitable education operations, it leans into the cycle’s hottest assets to force a re-rating.
The official case for perpetual preferred securities checks out on paper. Strategy pioneered the approach in January 2025 and has raised over $16 billion this way. Strive Asset Management raised over $150 million for its Bitcoin treasury using the same tool. All excess returns above the preferred dividend rate flow straight to ordinary shareholders. Genius Group projects its NAVPS will hit $2 to $4 per share in five years, up from $0.62 today. That works out to an 11x to 22x multiple on the current $0.18 share price. The firm used its own Genius OS AI tool to model bear, base, and bull market scenarios. Shareholders voted overwhelmingly to give the board full authority at the July 2026 AGM. The subtext here is that the model’s success for large players does not guarantee it works for small caps. The company is betting the next growth cycle for AI and Bitcoin will deliver enough return to cover dividends and lift NAV fast. It is counting on yield investors jumping at the chance to access two hot asset classes through a single registered security.
This capital structure trick will spark a wave of copycat dual treasury builds that reshape small-cap market valuation over the next two years.
Author bio: Robert Kensington, an overseas entrepreneurial veteran with decades of experience in real-economy industrial investment and expansion.