Genius Group (GNS), a U.S.-listed company, announced the sale of its entire Bitcoin reserve as part of its first-quarter 2026 financial results. The proceeds were used to fully repay approximately $8.5 million in debt through restructuring. The company plans to restart its Bitcoin reserve strategy once market conditions improve.
In its financial performance, Genius Group reported a strong first quarter with revenue reaching $3.3 million, marking a 171% increase from the previous year's $1.2 million. The company's gross profit also saw a significant rise to $2 million, a 228% increase from $600,000 in the same period last year.
Genius Group Sells Bitcoin Reserve, Plans Future Accumulation
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