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

MeNews · 2026-04-08T03:27:55+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 03:27:55

Abstract generation in progress

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

BTC4.77%

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.