Genius Group sells entire Bitcoin treasury in Q1 as debt repayment takes priority

AI-powered Genius Group has sold off its remaining Bitcoin holdings in the first quarter to pay down debt.

According to an April 1 press release, the company said it will “recommence building its Bitcoin Treasury when it believes market conditions are more favorable,” outlining that the exit is tied to timing rather than a full departure from its digital asset strategy.

The firm first committed to a “Bitcoin first” approach back in November 2024, stating that 90% or more of its reserves would be held in BTC. The latest move marks a break from that position as liquidity needs took priority.

Genius Group reported holding 84 BTC, valued at about $5.7 million, as of March 2026. Its Bitcoin balance had been declining since April 2025, when a US court temporarily blocked treasury expansion. The company resumed purchases in June, but the latest sale has now reduced its holdings to zero, according to data from Bitcoin Treasuries.

Revenue for the quarter rose 171% year-on-year to $3.3 million, while gross profit increased 228% to $2 million. A $500,000 operating loss recorded in Q1 2025 turned into a $2.7 million net profit in Q1 2026.

Similar decisions have surfaced across the sector as companies adjust balance sheets.

MARA Holdings sold 15,133 BTC in March for roughly $1.1 billion, reducing its treasury to 38,689 BTC and pushing it down to the third-largest corporate holder. The bulk of the proceeds went toward repurchasing about $1 billion in convertible senior notes, with the remainder allocated to general corporate use.

Similarly, mining company Bitdeer liquidated its entire 943 BTC balance in February and also sold newly mined coins, reducing its corporate holdings to zero. Among other firms, Cango Inc. sold 4,451 BTC to cut exposure, while GD Culture Group approved the sale of part of its 7,500 BTC reserve.