Genius Group, the Singapore-based education company that once held 440 bitcoin, has started buying again.The company will be starting its reserves from scratch after it sold all 440 coins it held to clear debt.Is Genius Group holding Bitcoin?Genius Group (NYSE American: GNS) said on October 6 that it acquired 10 bitcoin for roughly $854,000. This is the company’s first Bitcoin purchase since it emptied its treasury to pay off its debts. It is also the first purchase since a U.S. appeals court cleared away the legal order that had frozen the firm’s fundraising for most of two years.The 10 coins were bought between October 2 and October 5 at an average of $85,364 each. Chief Executive Roger James Hamilton called the purchase “modest” but said it is to signal to shareholders and to the market that the company has resumed its Bitcoin accumulation strategy.Genius Group describes itself as an AI-powered education group serving 6 million users across more than 100 countries. It has run a “Bitcoin-first” policy since late 2024, when its board voted to hold 90% or more of reserves in bitcoin and endorsed the corporate-treasury approach popularized by Michael Saylor’s Strategy.The company’s treasury reached 440 bitcoin by February 2025, spending $42 million at an average of $95,519 per coin. Days later a temporary restraining order and preliminary injunction, granted in a dispute with LZG International, barred the company from issuing shares, raising capital, or buying bitcoin.During that freeze, the company was forced to offload most of its holdings. It briefly resumed buying Bitcoin in May 2025 after the order was suspended and rebuilt its holdings to 85.5 coins, but soon enough on April 1, 2026, Genius Group sold what remained to repay $8.5 million in debt in full, leaving it with no crypto reserves.Genius Group is restarting its Bitcoin treasury from zero. Source: BitcoinTreasuries.net.The company said at the time it would return to the market “when it believes market conditions are more favourable.”Why can Genius Group rebuild its treasury now?On August 31, 2026, the Second Circuit Court of Appeals overturned a preliminary injunction that a New York federal court had issued against Genius Group in March 2025. The company says that order was based on false and inaccurate statements and added that this ruling ends an 18-month legal battle, letting it carry out its treasury plans without legal limits.Separately, Genius Group is pursuing a racketeering (RICO) lawsuit in Florida against LZG officers and other defendants, seeking more than $750 million in triple damages.The 10 bitcoin purchase is the opening move in a $1.2 billion dual treasury plan the board approved and announced on August 27. The plan targets $827 million in bitcoin and $800 million in AI assets, with a goal of $2 billion in total assets by fiscal 2031.On the AI side, the company reports look-through stakes in OpenAI, Anthropic, Databricks, and SpaceX.Genius Group says it will pay for the purchases using cash from its operations, selling new shares gradually at market prices (an at-the-market share offering), and a planned perpetual preferred security. It has no current plans to take on debt or to use its bitcoin and AI holdings as collateral.This approach is similar to Strategy’s. The company launched its preferred stock (called STRK) in January 2025 and has raised over $16 billion with it.If you're reading this, you’re already ahead. Stay there with our newsletter.