Genius Group Proves It's Not Actually 'Bitcoin First' After All, Liquidates Entire Treasury

Genius Group, the AI and crypto education company, has sold off the remainder of its Bitcoin holdings in Q1 to service debt, joining what appears to be a growing trend of corporate treasuries hitting the eject button on BTC. Apparently when the price doesn't go vertical immediately, some companies suddenly remember they have "other priorities." Revolutionary stuff.

The move marks quite the pivot from the "Bitcoin first" strategy the company was loudly promoting back in November 2024, when it vowed to commit 90% or more of its reserves to the orange coin. For those keeping score at home, "Bitcoin first" apparently translates to "Bitcoin until the chart looks scary, then cash is king." The marketing team deserves credit for the 180 though—nothing says conviction like changing your mind faster than Bitcoin's hashrate adjusts difficulty.

The company held 84 BTC, worth approximately $5.7 million as of March 2026, but those holdings had been declining since around April 2025—coincidentally around the time a US court temporarily barred the firm from expanding its Bitcoin treasury. They did resume buying in June of that year, but clearly couldn't resist the temptation to cash out when the bears came knocking. Nothing says "long-term thinker" like buying the dip and immediately selling the recovery. Classic dollar-cost averaging in reverse.

Genius Group now joins a rather crowded club of Bitcoin treasuries liquidating in 2026. MARA Holdings parted ways with 15,133 BTC for around $1.1 billion in March, sliding to the third-largest corporate Bitcoin treasury behind Twenty One Capital. The proceeds went toward repurchasing about $1 billion in convertible senior notes, with the rest earmarked for general corporate purposes. Translation: they needed cash and Bitcoin was the emergency fund they always said it would be.

Bitdeer liquidated its entire stash of 943 BTC and sold newly mined coins, cutting corporate holdings to zero in February. Meanwhile, Cango Inc. unloaded 4,451 BTC, and GD Culture Group authorized the sale of some of its 7,500 BTC treasury. The corporate Bitcoin sell-off is basically a reunion tour for companies that once promised to HODL forever. Spoiler: forever ended around Q1 2026.

Despite ditching their Bitcoin reserves, Genius Group actually posted some rather impressive Q1 numbers: revenue surged 171% year-on-year to $3.3 million, with gross profit up 228% to $2 million. The company swung from a $500,000 operating loss in Q1 2025 to a $2.7 million net profit in Q1 2026. So it seems the company found profitability without needing to HODL