Genius Group Sells BTC Treasury to Repay $8.5M Debt

Genius Group has liquidated its remaining Bitcoin holdings to settle $8.5 million in debt, pausing its previously announced Bitcoin-first treasury strategy. Despite the sell-off, the company reported a strong first quarter with revenue jumping 171% to $3.3 million and a net profit of $2.7 million. This move aligns with a broader trend of corporate liquidations among firms like Bitdeer and MARA Holdings, while MicroStrategy continues to aggressively accumulate the asset.