AI-driven education and technology company Genius Group sold off the rest of its Bitcoin holdings in the first quarter to pay down debt and shore up its finances, according to an April 1 press release.
The company stressed that the decision was driven by short-term liquidity needs rather than a complete shift away from crypto. The company also stated its intention to begin replenishing its Bitcoin reserves when the market stabilizes.
The move marks a pause in the firm’s earlier “Bitcoin-first” strategy announced in November 2024, when it said it intended to keep at least 90 percent of its reserves in BTC. Right now, the focus is on bolstering cash flow and achieving financial stability, rather than on maintaining digital assets.
Genius Group’s Bitcoin holdings fall to zero
Genius Group held 84 Bitcoins worth about $5.7 million as of March 2026. Its Bitcoin assets have been declining over time since April 2025, when the company was temporarily banned by a U.S. court from expanding its treasury.
Although the company was able to resume purchasing Bitcoins in June, the latest sale has seen the company’s assets dwindle to zero, according to data from Bitcoin Treasuries.
Although the company is no longer in the Bitcoin trade, other financial metrics have seen significant improvements. Revenue for the quarter increased by 171 percent compared to last year, amounting to $3.3 million. Gross profit increased by 228 percent to $2 million.
The change was most evident in the company’s profitability, where the company recorded an operating loss of $500,000 in the first quarter of 2025. This year, the company recorded a net profit of $2.7 million in the same period.
The company’s sale of Bitcoins is part of a wider effort aimed at enhancing liquidity and cleaning up the balance sheet.
Genius Group’s move in tandem with market
Other players in the industry have been making similar changes. MARA Holdings, for example, sold over 15,000 BTCs in March to raise around $1.1 billion, primarily to repurchase debt.
Bitdeer, meanwhile, has fully liquidated its holdings this year. Others, like Cango Inc. and GD Culture Group, have also been reducing their holdings. The prevailing sentiment across the industry appears to be one of building reserves and exercising caution.