1 month ago
AI-powered Bitcoin treasury and acquisition institution Genius Group revealed connected Tuesday that it sold the remainder of its Bitcoin successful Q1 to wage disconnected debt, adding to a caller question of companies offloading assets amid a crypto carnivore market.
“The institution volition recommence gathering its Bitcoin Treasury erstwhile it believes marketplace conditions are much favorable,” it stated.
The determination appears to spell against its “Bitcoin first” strategy, which it touted successful November 2024, vowing astatine the clip to perpetrate 90% oregon much of its existent and aboriginal reserves to beryllium held successful Bitcoin.
Genius Group held 84 BTC worthy astir $5.7 cardinal arsenic of March 2026, but holdings person declined since April 2025, astir the clip it was temporarily barred by a US tribunal from expanding its Bitcoin treasury. It resumed buying successful June of that year.
The caller announcement came arsenic Genius Group reported beardown results successful Q1, with gross up 171% year-on-year to $3.3 cardinal and gross nett up 228% to $2 million. The institution swung from a $500,000 operating nonaccomplishment successful Q1 2025 to a $2.7 cardinal nett net successful Q1 2026.
Genius Group BTC holdings person present fallen to zero. Source: Bitcoin TreasuriesBitcoin treasuries liquidating successful 2026
Genius Group is not the lone Bitcoin-related institution to offload assets successful caller months.
MARA Holdings sold 15,133 BTC for astir $1.1 cardinal successful March, dropping its treasury to 38,689 BTC and down to the 3rd largest firm Bitcoin treasury, down Twenty One Capital.
The proceeds were utilized to repurchase astir $1 cardinal of convertible elder notes and the remainder for wide firm purposes.
Related: Bhutan offloads different $37M successful Bitcoin arsenic sovereign wallet shrinks
Meanwhile, mining institution Bitdeer liquidated its full stash of 943 BTC and sold recently mined coins, cutting firm holdings to zero successful February.
Other notable caller income see Bitcoin miner Cango Inc., which sold 4,451 BTC, and AI tech steadfast GD Culture Group, confirming authorization of the merchantability of immoderate of its 7,500 BTC treasury successful February.
Stalwart Strategy keeps connected buying
Michael Saylor’s Strategy, the world’s largest firm Bitcoin treasury, has bucked the inclination and has continued buying Bitcoin, dominating purchases this year.
“Strip retired Strategy, and the remainder of the ecosystem’s buying gait has collapsed,” reported BTC mining analytics outlet BitcoinMiningStock successful March.
The firm’s past acquisition was 1,031 BTC connected March 23, and it has accumulated 89,581 BTC worthy astir $6.1 cardinal astatine existent marketplace prices truthful acold this year, according to the Saylor Tracker.
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