Genius Group Ordered to Sell Bitcoin Holdings

• Genius Group forced to reduce its Bitcoin holdings.
• Market cap drops 53% after court ruling.
• BTC reserves now worth more than company valuation.

Unexpected Setback for Genius Group

Genius Group, an AI-driven education company, is facing a major financial and reputational blow. A recent order from a New York court has mandated the firm to liquidate a portion of its Bitcoin holdings. The court ruling requires the sale of 10 BTC , bringing Genius Group’s crypto reserves down from 440 BTC to 430 BTC.

This move comes as part of broader legal proceedings, although specific case details remain confidential. The decision has had a swift and harsh impact on investor confidence.

Market Cap Falls Below Bitcoin Reserves

Since the court order was issued, Genius Group’s market capitalization has plunged by 53%. Alarmingly, the company is now valued at just 40% of the worth of its remaining Bitcoin reserves. With Bitcoin trading above $70,000 at the time, the 430 BTC still held by the company are worth over $30 million, while the company’s entire market cap hovers around $12 million.

This imbalance raises questions about Genius Group’s financial strategy and long-term stability. Investors are concerned that the company’s value is becoming overly reliant on its crypto treasury rather than its core business performance.

Concerns About Stability and Transparency

The sudden court-mandated crypto sale has sparked concerns over the company’s legal standing and internal management. While Genius Group has been a pioneer in integrating AI into online learning, this episode casts a shadow on its operations.

Experts suggest that the company may need to reassess its reliance on digital assets and focus more on transparency and core business growth. As legal pressures mount and market reactions intensify, the road ahead for Genius Group appears uncertain.