"Genius Group sold portions of its holdings and reduced exposure, ultimately liquidating the remaining Bitcoin to remove $8.5 million in liabilities and support debt repayment."
"The company reported Q1 2026 operational revenue of $3.3 million, up 171 percent from the prior year, with gross profit at $2.0 million and net operating profit at $2.7 million."
"In addition to an ongoing focus on profitable operations, the Company has restructured its debt agreements, selling the remainder of its Bitcoin Treasury and repaying in full the Company's $8.5 million in debt."
"The group focus remains on three units: Genius School, Genius Academy, and Genius Resorts, as management stays concentrated on operations and growth initiatives."
Genius Group sold its entire Bitcoin reserves to eliminate $8.5 million in debt, following a strategy that initially focused on Bitcoin accumulation. After a court order restricted fundraising, the company liquidated its holdings, reducing its Bitcoin from 440 BTC to 84 BTC. Despite selling at a loss, Genius Group reported significant operational revenue growth in Q1 2026. The company plans to rebuild its Bitcoin treasury when market conditions improve, while concentrating on its education-focused business units and restructuring its debt agreements.
Read at Bitcoin Magazine
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