Genius Group, which delivers AI-powered learning and acceleration programs to individuals, enterprises, and governments, has sold all of its Bitcoin reserves to fully repay its $8.5 million debt, the company announced today. The firm plans a future rebuild of its Bitcoin treasury when market conditions are more favorable.
Genius Group first adopted a Bitcoin-first strategy in late 2024, days after Donald Trump won the US presidential election. The NYSE-listed company set out to allocate no less than 90% of its reserves to Bitcoin,
By February 2025, its holdings stood at 440 $BTC. However, Genius Group was later forced to sell part of its Bitcoin holdings after a US court order blocked it from raising funds or issuing shares.
cryptobriefing.com