Genius Group, an AI-powered Bitcoin treasury and education firm, announced on Tuesday that it sold off its remaining Bitcoin holdings in Q1 2026 to address debt obligations. This decision marks a significant departure from its previously declared “Bitcoin first” strategy, which aimed to allocate over 90% of its reserves to Bitcoin. The company, which held 84 BTC valued at approximately $5.7 million, has seen its holdings decline since April 2025 due to legal restrictions but resumed purchasing in June of that year.
The sale reflects a broader trend among companies in the crypto space, with notable firms like MARA Holdings and Bitdeer also liquidating substantial Bitcoin assets recently. Despite Genius Group’s strong Q1 performance—reporting a 171% year-on-year revenue increase to $3.3 million—this asset offloading underscores the challenges faced by companies navigating a bear market and the need for liquidity.
Market professionals should note that while some firms are divesting, others like Michael Saylor’s Strategy continue to accumulate Bitcoin, highlighting a split in corporate approaches to crypto amidst fluctuating market conditions.
Source: cointelegraph.com