AI and crypto company Genius Group has sold its remaining Bitcoin holdings in Q1 2026 to pay off $8.5 million of debt, marking a significant shift from its previous “Bitcoin first” strategy. The company stated it plans to rebuild its Bitcoin treasury when market conditions improve.
Shift from “Bitcoin First” Strategy
In November 2024, Genius Group had pledged to hold 90% or more of its reserves in Bitcoin. At the start of 2026, the company held 84 BTC valued at approximately $5.7 million, but these holdings have gradually declined since April 2025, when a US court temporarily barred it from expanding its Bitcoin treasury. Purchases resumed in June 2025 before the full liquidation.
Genius Group reported strong Q1 results, with revenue rising 171% year-on-year to $3.3 million and gross profit up 228% to $2 million. The company swung from a $500,000 operating loss in Q1 2025 to a $2.7 million net profit in Q1 2026.
Bitcoin Treasury Liquidations in 2026
Genius Group is part of a broader trend of corporate Bitcoin sell-offs this year. MARA Holdings sold 15,133 BTC for $1.1 billion in March, Bitdeer liquidated 943 BTC, and other companies like Cango Inc. and GD Culture Group have also reduced holdings.
In contrast, Michael Saylor’s Strategy continues to increase its Bitcoin treasury, adding 1,031 BTC on March 23 and now holding 89,581 BTC worth $6.1 billion, dominating corporate Bitcoin purchases in 2026.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.
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