Genius Group: Second Circuit Vacates GNS Injunction

Genius Group (NYSE American: GNS) secured a decisive legal victory when the U.S. Court of Appeals for the Second Circuit vacated the preliminary injunction that had blocked share issuance, capital raises and Bitcoin purchases.

Capital Plan Execution Unlocked

The ruling frees the company to execute its board-approved $1.2 billion capital plan and dual Bitcoin and AI treasury strategy without further legal impediment. The decision follows an 18-month battle and an ICC arbitration award that returned 7.4 million shares plus $7.97 million in damages to GNS.

BTC Technical Confluence

BTC trades at $77137.06 inside its Bollinger Bands with upper resistance at $79280.13 and lower support at $76785.81. The EMA50 at $77522.82 caps price while the EMA200 at $71799.53 provides deeper structural support. MACD at -299.18 confirms the death cross and bearish momentum, yet RSI at 40.66 leaves room before oversold territory. With price testing upper Bollinger resistance while the death cross persists, a healthy retracement toward the 50-EMA support at $77522.82 appears probable before any continuation higher. This setup directly informs GNS timing for its Bitcoin treasury accumulation under the newly cleared $1.2 billion plan.