W3C

2026-07-06 09:17:13

Exodus Sells 1,076 BTC to Raise $74.4M, Accelerates Payments Empire Expansion

Exodus Movement cut its bitcoin holdings by 63% in Q1 2026, selling 1,076 BTC and accumulating Solana, as it converted assets into cash to fund the W3C payments acquisition. Revenue fell 36.8% and net loss widened to $32.1M, but cash reserves surged to $74.4M. The stock dropped 3.1% in pre-market.

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Exodus Sells 1,076 BTC to Raise $74.4M, Accelerates Payments Empire Expansion