Genius Group Sells Bitcoin Holdings to Repay Debt
Genius Group is a publicly traded company focused on AI education. On November 12, 2024, it announced a "Bitcoin-first" strategy under which it planned to allocate at least 90% of its reserves to Bitcoin, with an initial target of $120 million. The liquidation shows that companies facing cryptocurrency price volatility and debt repayment pressure must still prioritize balance-sheet stability.
Genius Group said on April 1, 2026, that it had sold the 84.15 Bitcoin it still held as of February 6 and fully repaid $8.5 million of debt. It plans to rebuild its reserves when market conditions improve. First-quarter 2026 revenue was $3.3 million, up 171% from a year earlier, while gross profit rose 228% to $2 million. Net operating profit was $2.7 million, compared with a $500,000 loss in the same period last year.
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