Genius Group sold all Bitcoin to repay debts and then repurchased 10 BTC

Bitcoin News posted on the X platform that the education company Genius Group purchased 10 Bitcoins, valued at $854,000. This is the company's first repurchase after selling all Bitcoin reserves on April 1 and repaying $8.5 million in debt.

As of February 2025, Genius Group has accumulated a total of 440 Bitcoins, but was affected by a New York injunction for about a year due to a dispute with LZG International. The U.S. Court of Appeals for the Second Circuit lifted the freeze order on August 31, and CEO Roger James Hamilton views this purchase as a signal for the company to start accumulating Bitcoins again.