星球日报|4月 01, 2026 12:34
[Genius Group Has Sold Remaining BTC, Plans to Resume Bitcoin Reserve Strategy in the Future]
Odaily Planet Daily News – U.S. publicly listed company Genius Group (GNS) released its Q1 2026 financial report (as of March 31) on April 1. The company has sold all its Bitcoin reserves and fully repaid approximately $8.5 million in debt through debt restructuring, stating that it will resume building Bitcoin reserves once market conditions improve.
On the financial front, the company delivered strong performance in the first quarter: revenue reached $3.3 million, a 171% year-over-year increase (from $1.2 million); gross profit was $2 million, a 228% year-over-year increase (from $600,000); and net profit was $2.7 million. The company attributed its growth primarily to the comprehensive expansion of its three main business lines: Genius School, Academy, and Resorts. (Globenewswire)
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