Categories: CRYPTO

Genius Group Dumps Bitcoin Treasury Amid Revenue Surge


AI-powered Bitcoin treasury and education company Genius Group revealed on Tuesday that it sold the remainder of its Bitcoin in Q1 to pay off debt, adding to a recent wave of companies offloading assets amid a crypto bear market. 

“The company will recommence building its Bitcoin Treasury when it believes market conditions are more favorable,” it stated. 

The move appears to go against its “Bitcoin first” strategy, which it touted in November 2024, vowing at the time to commit 90% or more of its current and future reserves to be held in Bitcoin. 

Genius Group held 84 BTC worth around $5.7 million as of March 2026, but holdings have declined since April 2025, around the time it was temporarily barred by a US court from expanding its Bitcoin treasury. It resumed buying in June of that year.

The recent announcement came as Genius Group reported strong results in Q1, with revenue up 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.

Genius Group BTC holdings have now fallen to zero. Source: Bitcoin Treasuries

Bitcoin treasuries liquidating in 2026

Genius Group is not the only Bitcoin-related company to offload assets in recent months. 

MARA Holdings sold 15,133 BTC for around $1.1 billion in March, dropping its treasury to 38,689 BTC and down to the third largest corporate Bitcoin treasury, behind Twenty One Capital. 

The proceeds were used to repurchase approximately $1 billion of convertible senior notes and the remainder for general corporate purposes. 

Related: Bhutan offloads another $37M in Bitcoin as sovereign wallet shrinks

Meanwhile, mining company Bitdeer liquidated its entire stash of 943 BTC and sold newly mined coins, cutting corporate holdings to zero in February.

Other notable recent sales include Bitcoin miner Cango Inc., which sold 4,451 BTC, and AI tech firm GD Culture Group, confirming authorization of the sale of some of its 7,500 BTC treasury in February. 

Stalwart Strategy keeps on buying

Michael Saylor’s Strategy, the world’s largest corporate Bitcoin treasury, has bucked the trend and has continued buying Bitcoin, dominating purchases this year.

“Strip out Strategy, and the rest of the ecosystem’s buying pace has collapsed,” reported BTC mining analytics outlet BitcoinMiningStock in March.

The firm’s last purchase was 1,031 BTC on March 23, and it has accumulated 89,581 BTC worth around $6.1 billion at current market prices so far this year, according to the Saylor Tracker. 

Magazine: Nobody knows if quantum secure cryptography will even work

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy



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