Genius Group has sold the remaining BTC and will consider restarting its Bitcoin reserve strategy in the future.

ME News message. On April 1 (UTC+8), publicly traded company Genius Group (GNS) released its 2026 Q1 earnings report (for the period ended March 31). The company has sold all of its Bitcoin reserves and, through debt restructuring, fully repaid approximately $8.5 million in debt. It said it plans to restart building Bitcoin reserves after market conditions improve. On the financial side, the company delivered strong results in Q1: revenue of $3.3 million, up 171% year over year (from $1.2 million); gross profit of $2.0 million, up 228% year over year (from $0.6 million); and net profit of $2.7 million. The company said the growth was mainly driven by the expansion of its three main business lines (Genius School, Academy, Resorts). (Source: ChainCatcher)

BTC5.25%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments