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

MeNews · 2026-04-08T10:13:10+00:00

Genius Group releases Q1 2026 financial report, with revenue of $3.3 million, a year-over-year increase of 171%; net profit of $2.7 million. The company has sold its Bitcoin reserves and fully repaid $8.5 million in debt, planning to restart Bitcoin reserves after market improvement. The comprehensive expansion of core business is the main driver of performance growth.

MeNews

2026-04-08 10:13:10

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ME News news. April 1 (UTC+8), U.S.-listed company Genius Group (GNS) released its 2026 Q1 financial results (for the period ended March 31). The company has sold all of its Bitcoin reserves and fully repaid approximately $8.5 million in debt through a debt restructuring, saying it will restart Bitcoin reserves building after the market environment improves. On the financial side, the company performed strongly in Q1: revenue of $3.3 million, up 171% year over year ($1.2 million); gross profit of $2.0 million, up 228% year over year ($0.6 million); and net profit of $2.7 million. The company said the growth in performance is mainly driven by the comprehensive expansion of three business lines (Genius School, Academy, Resorts). (Source: ChainCatcher)

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