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

cryptonews04-02

AI-powered Genius Group has sold off its remaining Bitcoin holdings in the first quarter to pay down debt. Summary Genius Group sold its remaining Bitcoin in Q1 to repay debt, stepping back from ...

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The latest move marks a break from that position as liquidity needs took priority.U.S. Treasury launches public consultation on GENIUS Act stablecoin rules","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"83042":"华夏比特币-R","BK4588":"碎股","TLTW":"iShares 20+ Year Treasury Bond Buywrite Strategy ETF","BITO":"比特币期货ETF-ProShares","BK4585":"ETF&股票定投概念","03008":"博时比特币","GNS":"Genius Group Limited","BK1611":"加密货币现货ETF","TLT":"20+年以上美国国债ETF-iShares","BK4594":"比特币ETF概念","BK4601":"加密货币现货ETF","03439":"嘉实比特币","BTC":"Grayscale Bitcoin Mini Trust","03042":"华夏比特币","TMF":"3倍做多20年期以上国债ETF-Direxion"},"translate_title":"Genius Group第一季度出售全部比特币国债，优先偿还债务","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"83042":0.6,"03008":0.76,"TLT":0.6,"03439":0.76,"TMF":0.6,"GNS":1.95,"BTC":1.93,"BITO":0.6,"03042":0.76,"TLTW":0.6},"content_text":"AI-powered Genius Group has sold off its remaining Bitcoin holdings in the first quarter to pay down debt.\n\n\nSummary\n\n\n\nGenius Group sold its remaining Bitcoin in Q1 to repay debt, stepping back from its earlier commitment to hold the majority of reserves in BTC.\nThe company reported a turnaround in performance, with revenue reaching $3.3 million and net profit at $2.7 million after a loss a year earlier.\n\n\n\nAccording 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.\nThe 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.\nGenius 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.\nRevenue 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.\nSimilar decisions have surfaced across the sector as companies adjust balance sheets.\nMARA 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.\nSimilarly, 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.\n\n\n\n\n\n                Read more:\n            \n\n                U.S. Treasury launches public consultation on GENIUS Act stablecoin rules","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2624572132","isCrawlerRequest":true}