AI-powered Genius Group has bought off its remaining Bitcoin holdings within the first quarter to pay down debt.
Abstract
- Genius Group bought its remaining Bitcoin in Q1 to repay debt, stepping again from its earlier dedication to carry nearly all of reserves in BTC.
- The corporate reported a turnaround in efficiency, with income reaching $3.3 million and internet revenue at $2.7 million after a loss a yr earlier.
Based on an April 1 press launch, the corporate stated it’ll “recommence constructing its Bitcoin Treasury when it believes market circumstances are extra favorable,” outlining that the exit is tied to timing moderately than a full departure from its digital asset technique.
The agency first dedicated to a “Bitcoin first” method again in November 2024, stating that 90% or extra of its reserves could be held in BTC. The most recent transfer marks a break from that place as liquidity wants took precedence.
Genius Group reported holding 84 BTC, valued at about $5.7 million, as of March 2026. Its Bitcoin steadiness had been declining since April 2025, when a US court docket quickly blocked treasury growth. The corporate resumed purchases in June, however the newest sale has now lowered its holdings to zero, based on knowledge from Bitcoin Treasuries.
Income for the quarter rose 171% year-on-year to $3.3 million, whereas gross revenue elevated 228% to $2 million. A $500,000 working loss recorded in Q1 2025 became a $2.7 million internet revenue in Q1 2026.
Comparable selections have surfaced throughout the sector as firms regulate steadiness sheets.
MARA Holdings bought 15,133 BTC in March for roughly $1.1 billion, decreasing its treasury to 38,689 BTC and pushing it all the way down to the third-largest company holder. The majority of the proceeds went towards repurchasing about $1 billion in convertible senior notes, with the rest allotted to common company use.
Equally, mining firm Bitdeer liquidated its total 943 BTC steadiness in February and likewise bought newly mined cash, decreasing its company holdings to zero. Amongst different corporations, Cango Inc. bought 4,451 BTC to chop publicity, whereas GD Tradition Group accredited the sale of a part of its 7,500 BTC reserve.
