AI and crypto company Genius Group disclosed on Tuesday that it sold all of its remaining Bitcoin in the first quarter to pay off debt. The company stated it will rebuild its Bitcoin holdings when market conditions become more favorable. This move contradicts its "Bitcoin-first" strategy announced in November 2024, when it pledged to hold over 90% of its current and future reserves in Bitcoin. As of March 2026, Genius Group held 84 BTC, worth approximately $5.7 million. Its holdings had been declining since April 2025, when a US court temporarily blocked its expansion of its Bitcoin holdings. The company's first-quarter results were strong, with revenue increasing 171% year-over-year to $3.3 million, gross profit increasing 228% to $2 million, and net profit turning from a $500,000 loss in the first quarter of 2025 to a profit of $2.7 million. Several companies have already reduced their Bitcoin holdings in 2026. MARA Holdings sold 15,133 BTC in March, raising approximately $1.1 billion to repurchase convertible bonds; Bitdeer liquidated its entire holding of 943 BTC in February; Cango Inc. sold 4,451 BTC; and GD Culture Group confirmed the authorization to sell part of its inventory. In contrast, Michael Saylor's Strategy has accumulated 89,581 BTC this year, worth approximately $6.1 billion.