AI and crypto-focused firm Genius Group has liquidated its remaining Bitcoin holdings to repay $8.5 million in debt, marking a shift from its earlier Bitcoin-focused treasury strategy.
The company sold its 84 BTC holdings, previously valued at around $5.7 million, as part of efforts to strengthen its balance sheet amid challenging market conditions.
“The company will recommence building its Bitcoin Treasury when it believes market conditions are more favorable,”
Genius Group said.
The move contrasts with its November 2024 commitment to allocate at least 90% of reserves into Bitcoin, highlighting a reversal in strategy following a US court restriction that had previously limited treasury expansion.
Genius Group reported strong Q1 2026 financial results, with revenue rising 171% year-on-year to $3.3 million and net profit reaching $2.7 million, compared to a loss a year earlier.
The sale aligns with a broader trend of Bitcoin treasury liquidations, including MARA Holdings offloading over 15,000 BTC and Bitdeer exiting its holdings entirely, while other firms have also reduced exposure.
In contrast, Michael Saylor’s Strategy continues to accumulate Bitcoin, purchasing over 89,000 BTC this year and standing out as the dominant corporate buyer in the market.
At the time of reporting, Bitcoin price was $66,601.73.