Genius Group has sold the remaining BTC and will consider restarting its Bitcoin reserve strategy in the future.

Odaily · 2026-04-01T20:26:59+00:00

Genius Group disclosed in its Q1 2026 financial report that the company has sold all of its Bitcoin reserves and repaid approximately $8.5 million in debt through debt restructuring. The financial performance was excellent, with revenue and gross profit both increasing significantly, reaching $3.3 million and $2 million respectively.

Odaily

2026-04-01 20:26:59

Abstract generation in progress

Odaily Planet Daily News: US-listed company Genius Group (GNS) released its 2026 Q1 financial report (for the period ended March 31) on April 1. The company has sold all of its Bitcoin reserves and has fully repaid approximately $8.5 million in debt through a debt restructuring, stating that it will restart Bitcoin reserve building after market conditions improve. On the financial side, the company performed strongly in Q1: revenue was $3.3 million, year over year ($1.2 million) up 171%; gross profit was $2.0 million, year over year ($0.6 million) up 228%. (Globenewswire )

BTC-3,29%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.