Apr 2, 2026 upd. 9 Jun

Genius Group liquidates entire Bitcoin treasury to repay $8.5M debt

2 min

Genius Group sold its entire Bitcoin treasury. 84 BTC (~$5.7M) went to repay $8.5M debt, fully exiting its BTC position.

The company disclosed the sale with Q1 2026 results. A third-party post flagged the move, and public trackers now show zero balance for Genius Group’s BTC holdings (Crypto Crib, Bitcointreasuries).

This reverses the November 2024 “Bitcoin first” pledge to keep 90%+ of reserves in BTC.

At peak in early 2025, Genius Group held 440 BTC at a total cost of ~$42M. Average entry was ~$95,519 per BTC. By the liquidation, only 84 BTC remained, implying prior sales of ~356 BTC across 12 months under operational and legal pressure.

The final tranche implies an exit near ~$67,857 per coin. That’s well below the average cost.

Proceeds retired $8.5M of debt. With Q1 2026 revenue at $3.3M (+171% YoY), the liability exceeded two quarters of sales, leaving no organic path to service it without asset sales.

Structure mattered. At peak, 440 BTC was worth ~\$46M while Genius Group’s market cap was \$33.1M. The mismatch left no cushion once financing channels tightened and a U.S. court order in April 2025 restricted capital raises and BTC purchases. The stock fell 53% within six weeks of the injunction, compressing the equity premium smaller BTC-treasury operators rely on (TradingView).

Contrast: GameStop kept its full 4,710 BTC through similar pressure, supported by unencumbered cash and fewer constraints (Coinspeaker on GameStop’s BTC).

Genius Group says it aims to rebuild a BTC treasury when conditions improve. Q2 2026 will show if debt-free operations enable renewed accumulation, or if constraints persist.

Genius Group Bitcoin holdings history
Source: Genius Group BTC holdings / Bitcointreasuries