Genius Group Ltd ( GNS ) shares are trading higher by 9.86% to 66 cents during Tuesday’s session after the company announced a $33 million rights offering to increase its Bitcoin treasury.

What To Know: Genius Group ( GNS ) says shareholders as of January 24, will receive one transferable right per share, allowing them to purchase additional shares at 50 cents each.

Proceeds from the fully subscribed offering will be used to increase the company’s Bitcoin holdings from $35 million to $68 million. Genius Group ( GNS ) also plans to secure up to $20 million in additional loans, potentially expanding its Bitcoin Treasury to $86 million.

Additionally, Founder and CEO Roger Hamilton intends to acquire 500,000 additional shares, bringing his stake to 10.3%, and fully participate in the offering.

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How To Buy GNS Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Genius Group’s case, it is in the Consumer Discretionary sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, GNS has a 52-week high of $6.97 and a 52-week low of $0.51.