TechFlow News, April 2, according to a Cointelegraph report, AI and crypto company Genius Group announced it sold its entire Bitcoin holdings in Q1 2026, using the proceeds to repay $8.5 million in debt, reducing its Bitcoin holdings to zero. This move contradicts the company’s “Bitcoin-first” strategy announced in November 2024, under which it had pledged to allocate over 90% of its reserves to Bitcoin.
Notably, Genius Group is not an isolated case. MARA Holdings sold 15,133 BTC in March, raising approximately $1.1 billion to repurchase convertible notes; mining firm Bitdeer liquidated its entire 943-BTC holding in February; Cango Inc. sold 4,451 BTC; and AI technology company GD Culture Group authorized the sale of a portion of its 7,500-BTC reserve.
