Genius Group Trims Bitcoin Holdings to Cut Debt and Rebalance Treasury

Tip Ranks
2026.02.06 14:28
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Genius Group Limited (GNS) announced the sale of 96 bitcoin at an average price of $73,238 each, raising approximately $7 million to pay down its Bitcoin-backed loan. As of February 6, 2026, the company holds 84.15 bitcoin and has an outstanding loan balance of $3.3 million. GNS aims to manage its bitcoin position actively while focusing on debt repayment and potential share buybacks. Analysts rate GNS stock as a Sell with a price target of $0.49, citing weak financial performance and bearish technical indicators.