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Genius Group Has Sold Its Remaining BTC and Will Resume Bitcoin Reserve Strategy at an Opportune Time in the Future
Svmuu News According to the Q1 2026 (ended March 31) financial report released by the US-listed company Genius Group (GNS) on April 1, the company has sold all of its Bitcoin reserves and fully repaid approximately $8.5 million in debt through debt restructuring. It stated that it will resume building its Bitcoin reserves once market conditions improve. Financially, the company performed strongly in Q1: revenue reached $3.3 million, a 171% increase year-over-year (from $1.2 million); gross profit was $2 million, a 228% increase year-over-year (from $600,000); and net profit was $2.7 million. The company attributed the performance growth to the comprehensive expansion of its three major business lines (Genius School, Academy, and Resorts). (Globenewswire)
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