Welcome, everyone to an investor call that we are holding on the 22nd of January. My name is Roger Hamilton. I'm the CEO of Genius Group. I'm going to take you through two aspects on this call. The first one is a navigation for all of our shareholders to all the details to the rights issue, and the second one is an updated presentation on our investor deck for everyone who is both new and also a long-term shareholder of Genius Group. I'll start be sharing my screen, and first of all take you to a series of navigation pages. You'll see here a number of our different sites that we have developed. These are with the leadership of our great AI team led by Suraj Naik, as well as our entire education team as well.
This here is Genius Group AI that you can have a look at, which we launched last year, which provides all of the AI-powered training as well as news to the AI revolution, as well as to what we are now seeing with what we call the Bitcoin revolution as well. There's always links here to the very latest that's happening within Genius Group. You'll find here Student AI, which is the now, I believe most searched for and popular AI set of tools for students, which are very excited to have the likes of Microsoft and NVIDIA supporting this initiative. We also have got Teacher AI, which Suraj has just launched actually this week, which actually, rather than supporting the university students, is actually supporting teachers to be able to provide far more effective education for their classes and students.
Then we also have got our Genius Team AI as well. A ll of our classes, all of our training is about, how do we make sure that we are equipping every one of our students so that they're going from one HP to 100 or 1,000 HP, but not horsepower, but human power. T hen learning how to navigate the future through knowing their passions, their purpose, their genius. T his is Genius U, which was our original EdTech platform, which we are now and have upgraded to an AI platform. I wanted to just share with you that we have a number of different sites that all of our students use, a nd this here is our main site for our investors, which is geniusgroup.net.
I wanted to show you exactly where to go for a ll the information on the rights issue, which is currently taking place, and where to find it all as well. You'll also find here everything around our company, as well as all of the media that we are tracking as we progress on our journey. Y ou see here already that there is an investors link that you can follow, and that will take you straight to our IR site, ir.geniusgroup.net. You'll see on here that, as well as everything that we post on our PR, our presentations, our SEC filings, our financials, we also have got on here a new link, which is our rights offering link. Y ou can either click on the top to get to it, or you can also, as you'll see here, click straight here to view the full shareholders' guide.
When you do click on it, you'll find here a number of different tabs. The very first one explains the full offering. I n here, it also provides you with a press release where we announce the offering. It gives you the last investor call from a week ago, which this one is an update of with new numbers. You'll see here also the investor presentation, which links to that call. T his is a link which will take you directly to the prospectus supplement, which was filed yesterday with the SEC. T his is the offering document. You'll also see that you can get to that, obviously by going to the SEC filings and you'll find it there as well. In terms of the summary of the terms of the rights offering, the information is all here, which explains exactly how the offering takes place.
I'm just going to go through the summary of it so that you can see the details on here. As it says here, it is based on the record date, which is this Friday at 4:30 P.M. Important to note that it takes 24 hours for settlement of trade. T hat really means anyone who has bought by 24 hours earlier, from 4:30 P.M. on the Friday, we will have you on record within our shareholder list. T hey are going to be the shareholders who then will receive the right, which will be issued immediately and sent to all shareholders. T he right is for the right to purchase one additional share for every share you have at a price of $0.50 per share, a nd so we're going to be using 100% of the proceeds towards our Bitcoin Treasury.
It explains exactly what that right is, together with the oversubscription right. If anyone is fully subscribing to the rights, they have the ability to also apply for any rights that are not subscribed for by others in the oversubscription right. They also have the right to sell their rights. The trading of the rights begins today on a when-issued basis, because we obviously haven't issued them yet. They then turn into rights on a regular way basis on Monday, and will continue that way through to the expiry of the rights period, which takes place on the 14th of February, Valentine's Day. That gives a good three weeks of the rights period. It explains the Bitcoin Treasury and how that works. I'll go into more detail on that in our presentation in a moment. It also explains founder and management participation.
We have got , myself, I just purchased another 500,000 shares in the company, which we've announced, as well as announced that I'm going to be fully subscribing for my rights. Then we also have got after the details there, plus the contact details for any questions you have, which is to Cambridge Management, they're our information agent. They'll be able to support you both by email and by phone for any questions you might have. H opefully, this will provide you with a lot of the information, and also the details which you might be looking for. The second tab is the offering timeline. Everything I just explained is on here. For things that are past, there's links to things like the announcements and the investor calls. We are here right now on Wednesday, January 22nd.
As you can see here, everything I mentioned in terms of the trading of the rights, the record date, and then when the rights typically are being issued, when trading in Genius shares begins ex-rights. O bviously, that means that from Monday, January 27th, the shares that are being traded will not include the rights. T he rights will be trading separately during that time. T hen it takes you through to the end of the rights period when it closes on Thursday, February 13th for the trading of the rights. T hen the exercising of the rights, and oversubscription takes place at the end of the period on Friday, February the 14th.
Then we will then be offering the results of the rights offering on the following week, and also issuing the shares that are related to the rights issue. We also have got here the third, which is how to participate. This gives very clear instructions on, effectively, if you own shares or if you want to purchase more shares, r eally, the deadline is, as I mentioned, this Friday at 4:30 P.M., receiving the rights, how that takes place, how we send it to you, exercising the rights, how you go ahead and do that, trading the rights, how that takes place, and exercising oversubscription rights. All this information will stay here for the duration of the rights offering. As it says here, take note of the timings because timings may change. If they do, we will be announcing to everyone immediately.
If in doubt, contact us again with the contact details. There is a section for anyone who'd prefer to read through our presentation rather than to listen to me. You can do that. That is all the information that you'll find here. This is all as of the presentation that was taking place last week. I'll be going through, as I mentioned, this presentation in a moment, with some updated numbers as well. The final step here, which I believe is a very useful section, is called our FAQs. This really gives you many answers to different questions that we believe that investors will have.
D o come here and have a look here before connecting because it may be that the answer is right here, and you'll have all the details for everything from how you'll go about paying for the rights through to where do you send the payments? P lenty of other questions in here as well in terms of the logistics of the rights issue as well. T hat is it in summary. Hopefully, that gives everyone comfort that we are providing as much information as possible, and will continue to update the process if there is the need for additional questions to be put in the FAQ, for example.
With that, I am going to now go into the scripted presentation, so that we have an opportunity to get everyone up to speed with all of the latest information about Genius Group and our plans for this year, why we're running the Bitcoin Treasury, and at the same time, what our outlook is for the education sector and our core business. W ith that, I'm coming to my investor presentation, and we're going to go full screen here. All right, so here we go. F irst of all, thank you everyone for joining us on this investor call today. I'm Roger Hamilton, Chairman and CEO of Genius Group. O n today's call, I'll be discussing the rights offering announced by the company, and our Bitcoin Treasury strategy and our 2025 outlook.
First of all, all statements made during this call relating to future results and events are forward-looking statements, based on current expectations. These forward-looking statements include, but are not limited to, statements regarding trends and their potential impacts on our industry and our business, our ecosystem platform content and partner relationships, our strategy and priorities, and our business model, mission, opportunities, outlook, and long-term financial framework. Actual results and events could differ materially from projections due to a number of risks, and uncertainties discussed in our press releases, SEC filings, and supplemental materials. These forward-looking statements are not guarantees of future performance and plans, and investors should not place undue reliance on them. We assume no obligation to update our forward-looking statements. Also, during this call, we will present both IFRS and non-IFRS financial measures. Please note that all growth percentages refer to year-over-year change, otherwise specified.
First of all, a brief introduction of Genius Group. We're a Bitcoin Treasury company with an AI-powered education platform to prepare students, entrepreneurs, businesses, and governments towards a Bitcoin-first future. We deliver AI training and AI tools to 5.4 million students in our EdTech platform. We are building a Genius City Model, where students learn the latest exponential technologies and entrepreneurial skills powered by AI mentors. We're a Singapore-based public company listed on the New York Stock Exchange, American in 2022, and we have big ambitions.
We have set internal goals to reach 100 Genius Cities, 100 million students, and a $1 billion valuation by 2030. Two months ago, we launched our Bitcoin treasury and set a target to reach 1,000 Bitcoin in our treasury in 2025. We are already over 40% of our way towards that target with 420 Bitcoin. If our rights offering is successful, it will result in potentially reaching our 1,000 Bitcoin target in our treasury before the end of February. Those are updated numbers from last week, and they have increased.
Roger, just a quick one. Your screen is not sharing. You might want to stop the screen share again because it's just stuck on the first screen.
It got stuck on the first screen. Let's try again, and you tell me if this is working. Can you see the slide four now?
No, I still see the slide one.
Okay, I've actually stopped sharing. Can you see anything now?
No.
Okay, it's stopped sharing at the moment, isn't it?
Yeah.
Okay, let me try this way. Can you see my screen now?
Yep.
I t's the full screen, yeah?
Yeah [audio distortion].
I'm going to go into the presentation now. How about that?
Yeah, I can see.
Perfect, all right. Okay, thank you. W hen I was going through the last couple of slides, forward-looking statements, and also a summary of our business, this was the slide I was hoping to be showing. This is the slide we are on now, which is slide four. B efore we go further, I'm going to share why I founded Genius Group, our company mission and current metrics. I studied architecture at Trinity College, Cambridge University, and originally thought I was going to have a profession building buildings. One of the mentors we studied with was Buckminster Fuller, the inventor of the geodesic dome. He was also a futurist, and predicted the singularity when the acceleration of technology would lead to superhuman intelligence that surpassed our own.
A gain, this was back in the 1980s. He said humanity would face its greatest test, which he called the Final Exam. E ven back then in the 1980s, he said there was enough technology to solve all the world's greatest challenges. T he reason we hadn't done this wasn't because of the lack of technology, but lack of human consciousness to work together to harness that technology. W e were entering a Final Exam in which we urgently needed to find ways to raise our consciousness to harness that technology. I f we did, we would pass the exam and solve the world's greatest challenges. If we didn't, technology would continue to accelerate and would eventually destroy us. T his is why it was called the Final Exam. The key to raising our consciousness is education.
A s Nelson Mandela said, education is the most powerful weapon which you can use to change the world. T hat's why I launched Genius Group, to teach the skills we need to harness the exponential technologies, including AI, digital agents, and digital money, which includes Bitcoin, and to pass the final exam. Now, while we believe we are making progress on our mission, we do not believe our current valuation reflects the growth we have experienced, s o these are our metrics. A snapshot of our current metrics shows we have a $44.6 million market cap based on yesterday's closing price of $0.68, and 66 million shares outstanding, compared to a net asset value of $54.6 million as of June 2024, which was a year-on-year growth of 177%. I n June, we did not have a Bitcoin Treasury.
Our guidance for the full year of 2024, up to 31st of December, is a net asset value of approximately $75 million. O ur Bitcoin Treasury today of 420 Bitcoin is worth $44.6 million, which is almost exactly the same as our market cap. This equates to a current net asset value- to- price ratio of 170% and a Bitcoin- to- price ratio of 99%. These are higher than our industry peers, as I'll share in our upcoming slides. W e believe this is due to our share price not yet increasing in line with and reflecting the increase in our balance sheet. I will share later exactly what the impact of our rights issue will be if it's successful. First of all, company outlook. This brings us to our company Bitcoin Treasury's plan, and how it links with our value layer of education.
In 2025, we have three main drivers to build our business. Our first driver is our Bitcoin Treasury. We believe that the companies that have a Bitcoin Treasury of 1,000 Bitcoin or more, may see the value of their treasury rise to a billion dollars or more, if the long-term price prediction made by Cathie Wood, Chamath Palihapitiya, and others, of $1 million per Bitcoin were to eventuate. While there is no future guarantee on the price of Bitcoin, we believe the future digital economy will be run on digital money underpinned by digital gold, and that digital gold is Bitcoin. There are currently 21 companies in the world that have a Bitcoin Treasury of 1,000 Bitcoin or more. Our 2025 target is to reach 1,000 Bitcoin and join this club.
We believe we can be Southeast Asia's leading public treasury company for Bitcoin, and our five-year target is to grow our Bitcoin Treasury to $1 billion in value by 2030. Our second driver is our education business, which we are developing into a blockchain-based micro-learning platform that includes our Bitcoin Academy, our Genius Academies, which includes our Entrepreneur Academy, and our Investor Academy, and Genius School. D elivering AI-powered education, which is personalized and gamified, with students learning and earning with our student credits, which are called GEMs. GEMs, which stand for Genius Education Merits, are linked to the value of Satoshis and can be traded for discounts to courses, mentoring, and products on our platform. Both our GEMs and the certification awards for our micro-courses, micro-degrees, and certifications are on the blockchain, making them trusted and verifiable.
Our plan is to build our next-generation AI-powered education system into a profitable value layer, generating $20 million in revenue in 2025 and covering the operational costs of our business, ensuring long-term sustainability to counter the short-term fluctuations in the price of Bitcoin and the value of our Bitcoin Treasury. The third driver is our Genius City model. We believe a post-singularity future is one in which the learning communities are designed differently from the communities of today. While smart cities have smart technology, Genius Cities have smart technology and smart people, where lifelong learning is integrated into the community, together with tokenized assets and an AI-powered workforce.
We're currently developing our Genius City model with Genius City leaders in Singapore, Dubai, Abu Dhabi, London, Tokyo, Mumbai, Miami, Las Vegas, Toronto, Vancouver, Stockholm, and San Diego, and plan to have grown to 20 cities in 2025, with a goal of 100 cities by 2030. T he case for Bitcoin in a post-AGI world. Our adoption of a Bitcoin Treasury is directly linked to our belief that the exponential economies of the future will be built by AI agents and robots. Current predictions are that AI agents and robots will greatly outnumber humans in the near future. They will interact and incentivize each other by acting and transacting through digital money, and we believe this digital money will be Bitcoin, a nd why?
Because we believe if AGI were to create its own perfect money, it would create a currency and store of value that was blockchain-based, digital, with a finite supply that could not be debased with no intermediary, and that was universally trusted and fully decentralized. These are the qualities already inherent in Bitcoin and only Bitcoin. In the same way that early European settlers who invested in Manhattan profited from the scarce land on which the U.S. economy was built, we believe investing in Bitcoin, which is the base on which the new digital economy of AI agents and robots will be built. I t's fully aligned with our mission of harnessing technology to pass the Final Exam, so last year, early pioneers of the Bitcoin Treasury strategy were among the best-performing stocks in the stock market.
MicroStrategy's Executive Chairman, Michael Saylor, has become an outspoken advocate for the Bitcoin Treasury strategy for public-listed companies, and MicroStrategy became one of the best-performing stocks on the U.S. stock market. I've included a link to the description below to Michael Saylor's three-minute presentation to the Microsoft Board, making the case for a Bitcoin Treasury. I recommend watching this, to get a succinct overview on the value in a Bitcoin Treasury. I'm also going to be talking in detail about Metaplanet. However, I can hear a lot of background noise here, so I'm just going to stop that noise for a moment and then come back to you. Let's see if I can do that. Give me one moment, and I will be back shortly.
Roger, you're on mute.
Okay, can you hear me again? Apologies, there was a lot of background noise there.
Yeah.
Okay, great. I'm just going to be sharing the example of Metaplanet. This is what the Genius Board has been following as the company began their Bitcoin Treasury six months ago. I'm just going to share my screen again, and then we'll continue here. I'll go through this process. Metaplanet actually began their Bitcoin Treasury six months ago, so middle of last year, and grew from a similar market cap as Genius, which was around $15 million when we started, into the best-performing stock on the Tokyo stock market with a 2,000% return. The CEO of Metaplanet provided Genius with the steps the company took to grow their Bitcoin Treasury, which included a rights offering in August 2024.
The result of Metaplanet's rights issue is that they went from JPY 700, which is around $4.50 per share, and JPY 12 billion, or a $80 million market cap with 250 Bitcoin at the time of the rights offering, to JPY 2,000, which is around 3x as much per share, and JPY 72 billion, which was a $400 million market cap, and over 1,000 Bitcoin within a month of the closing of the rights issue. They also leveraged this with JPY 10 billion, which is around a $63 million loan they raised alongside the rights issue. The rights issue was key to reaching a critical mass in their Bitcoin Treasury. Today, they have 1,762 Bitcoin, $22 share price, and $800 million market cap.
While there's no suggestion that our rights issue will achieve the same level of success, there are certain principles that they followed in their rights offering, which we are also believing are beneficial to our shareholders in our rights offering. This includes the discounted shares in the rights issue, which rewards our long-term shareholders. It also is about the increase in the Bitcoin per share, that gets allocated as a result of 100% of our proceeds going to the purchase of Bitcoin. A lso, the resulting increase in long-term shareholder values, and also shareholders themselves who believe in the company's Bitcoin Treasury strategy. We have been benchmarking our progress against Metaplanet's timeline, and are ahead of our target schedule to reach 1,000 Bitcoin within six months. Obviously, if we do this successfully by the end of February, that will be within three months.
With this rights offering, in the event that it is successful, we believe that this will accelerate our progress further. We believe this is important, as we believe Bitcoin will appreciate in value in 2024. To date, we have acquired 420 Bitcoin for a total cost of $40 million. Again, these are updated numbers, or $95,912 per Bitcoin as of January 9th, 2025. We have achieved a Bitcoin yield of 1,649% in quarter four, 2024. Bitcoin yield is a Bitcoin Treasury KPI that represents the percentage change period to period of the ratio between the change in the company's Bitcoin holdings, and the change in the assumed diluted shares outstanding. We adopted Bitcoin yield as a Bitcoin Treasury key performance indicator, to help assess the performance of our Bitcoin Treasury strategy and to ensure any dilution to purchase Bitcoin was accretive to shareholders.
As long as our Bitcoin yield is going up, then it means that we are giving more Bitcoin per share. In 2024, we had a $250 million shelf and a $150 million ATM approved by the SEC. We've been able to utilize a portion of this to sell shares at the market, to purchase Bitcoin, and to have shares approved by the SEC available for this rights offering. We've also secured loan financing for our Bitcoin Treasury, commencing with a $19 million Bitcoin loan with Arch Lending. We believe we have an additional advantage of being a Singapore-based company, in that Singapore has 0% capital gains tax. As a result, all gains from our Bitcoin Treasury is tax-free, which gives us an advantage, at least at present, over our U.S. peers.
Details of all Bitcoin Treasury companies, the Bitcoin they own, and the real-time ratio of their Bitcoin Treasury to their market cap can be found at bitcointreasuries.com. Here are our public company comparables. At present, as I mentioned earlier, our Bitcoin to price ratio is 99.3%. Effectively, this means that for every $100 worth of shares in Genius, this contains $99.30 of Bitcoin in our Bitcoin Treasury. Our debt on this is relatively low at 42%, and this compares to seven of our better-known peers that have an average Bitcoin to price ratio of 43%, which means for every $100 of their shares, that contains $43 of Bitcoin. This is less than half of our $99.30.
In the event that our rights offering is successful and our share price and the price of Bitcoin remain unchanged, our market cap will increase to $90 million and our Bitcoin will be targeted to increase to $100 million. This will give us a Bitcoin- to price ratio of 111%, or 111 Bitcoin for every $111 of Bitcoin for every $100 of shares. The actual ratio would vary based on the success of the rights offering, plus our share price, plus the price of Bitcoin in the future. W hile there are many other factors that go into determining a company's market cap and share price, we believe this comparison to support our belief that we currently have a relatively attractive Bitcoin- to- price ratio. T hat this will increase based on a successful rights offering to all our shareholders, whether they exercise their rights or not.
That brings us on to the rights offering that we have provided details of previously. Each shareholder will receive one transferable right for each ordinary share held on January 24th, the record date. The number of rights to be issued to a shareholder as of the close of business on the record date will be rounded up to the nearest number of rights, that's as of 4:30 P.M. The company's ordinary shares are expected to trade ex-rights on the NYSE American beginning on January 27. Each right entitles a holder to purchase one ordinary share of the company, at the subscription price of $0.50 per whole ordinary share. Rights holders who fully exercise their basic subscription rights will be entitled to subscribe for additional ordinary shares of the company, that remain unsubscribed as a result of any unexercised basic subscription rights. This would be oversubscription right.
The oversubscription right allows a rights holder to subscribe for additional ordinary shares of a company, at the subscription price on a pro rata basis. Any record date shareholder who sells any rights will not be eligible to participate in the oversubscription privilege. Rights holders who choose not to exercise their rights may sell their rights. Trading the rights on the NYSE American is expected to begin on a when-issued basis on January 23rd under the symbol GNS RTWI and trade on a regular way basis on January 27 under the symbol GNS RT and continue until the close of trading on the NYSE American on February 13th, 2025, or if the offer is extended on the business day immediately prior to the extended expiration date. The rights offering expires at 4:30 P.M. Eastern Time on February 14. This is the expiration date unless extended by the company.
T o be clear, only shares held by shareholders on the market close this Friday, January 24th, the record day, will qualify to receive the rights. T his investor call is being held to provide these details ahead of this time. We will be filing a prospectus summary. In fact, that is now filed, and you can see the link, as I mentioned earlier. W e have also now posted the page that provides all the details with all of the FAQs, as I have shared previously as well. These are all to be found on our IR site. J ust to talk about the use of proceeds for a moment, the company plans to use 100% of the net proceeds of the rights offering to purchase Bitcoin for its Bitcoin Treasury.
The company anticipates that in the event that the rights offering is fully subscribed, the proceeds will be up to $33 million. We have actually applied for more, so that there is space there for any oversubscription. The company also plans to pursue one or more additional loan financings alongside, very similar to the model we explained with Metaplanet. I n the aggregate, $22 million, and if the company is successful in raising the maximum amount in the rights offering and through the additional loans, the company's Bitcoin Treasury will increase from its current $45 million to $100 million in Bitcoin.
In terms of the process, the subscription agent for the rights offering will send a rights certificate to each registered holder of the company's ordinary shares, as of the close of business on the record date this Friday, based on the company's stockholder registry maintained at the transfer agent. Holders of ordinary shares in street name through a brokerage account, bank, or other nominee will not receive the physical rights certificate, but instead, such holders must instruct their broker, banker, or nominee whether or not to exercise subscription rights on their behalf. For any questions or further information about the rights offering, you can call the Cambridge Management LLC, who are the information agent for the rights offering. Their number is there. As previously mentioned, we will be posting a page providing all details of the rights offering and keep it updated as we have done.
This will also include the updated link to this recording. As also mentioned in the press release as well as online, as the largest shareholder with 6.3 million shares, I'm participating in the rights offering. I have purchased already 500,000 shares in the company in the last week, at 105% of the closing price as per the share purchase agreement previously approved by the board. I'm going to conclude with a number of slides, which I believe underline the current growth and prospects of the company. Over the last four years, we have seen 27% year-on-year growth in audited revenues from our education business to $23 million in 2023. We've also seen growth in our gross profit from 33% in 2021 to 52% in 2023.
In 2024, we've been restructuring as we rationalize our acquisitions and operations, to focus on profitability and building a strong balance sheet. It's worth noting that the FASB has changed the accounting rules on valuing Bitcoin on a company's balance sheet really as of the end of last year, such that Bitcoin Treasury companies in the future will value their Bitcoin based on current value instead of purchase value, and as such recognize any profit as a result of price appreciation. Up to now, companies have been valuing their Bitcoin based on their purchase price, and showing the gain as unrealized gain. In the future, they will mark to market and show the gain as actual profit. Market size, every Bitcoin Treasury company has an operational component to their company, and our value add layer, as I've mentioned, is education.
The lifelong learning market is a $10 trillion market, which is currently going through global disruption. We believe our model of a decentralized, personalized, gamified, AI-powered education system preparing humanity for the economy of the future is on the right side of that disruption. Furthermore, we believe our use of AI mentors and AI agents is a game- changer, when combined with our gamified blockchain-based GEM student credits. All of our students progress through a freemium-to-premium model, where they begin by joining a free event or course, register on our platform to meet their AI guide, personalize their journey, which they follow with additional AI training and tools. As they build their learning profile, the learning steps become increasingly personalized.
T he GEM system, I believe is very important because we have been living in a world where students have had to go into student debt to get education. We believe they should be going to student credit and earning as they're learning. Our AI learning platforms in 2025, we've rationalized all of our branding under our Genius brand, with audience-specific AI learning platforms from Genius School for primary and secondary school students. Student AI is for university students, and a range of Genius academies for AI-powered lifelong learning, including Bitcoin Academy, Entrepreneur Academy, and Investor Academy, are all launching over the next three months. W ithin each academy, we're bringing world-leading thought leaders, educators, and authors to our students. F or example, our recent acquisition of XD Academy forms the basis of our Bitcoin Academy. It features Saifedean Ammous, who is the author of The Bitcoin Standard.
We're looking forward to building our position as a leading education platform for the Bitcoin community, with a presence at the leading Bitcoin, crypto, and blockchain conferences in 2025. W e are either a partner or title sponsor at Consensus Hong Kong, Consensus Toronto, Blockchain Week Paris, Bitcoin [audio distortion], Bitcoin Vegas, and Token Singapore. As a Bitcoin Treasury education company, we plan to educate other CEOs and CFOs, executives, and investors on the long-term value of Bitcoin treasuries, so that our value creation will extend from our own shareholders to the Bitcoin Treasury movement globally.
We do have a strong executive team to deliver on our vision, and we have restructured our board to include Bitcoin and blockchain experts, including Thomas Power, previously board director at Team Blockchain and the Blockchain Industry Compliance and Regulation Association, and Ian Putter, previously Head of Blockchain Domain at Standard Bank and founder of the Blockchain Research Institute in Africa. In summary, a successful rights offering enables us to accelerate our progress towards our mission of delivering the future of education.
Bringing together four pillars that uniquely position us to lead humanity through a sovereign future, a Bitcoin Treasury, blockchain-based earnings and learnings, an AI-powered personalized learning system, and a lifelong learning community. Thank you for attending. Please make sure that you take note of the key dates of the rights offering, and please do reach out to us with any questions. T hank you. Appreciate your time. Thank you, Suraj. Thank you, Vim. All right, good night.