Exodus Posts $32M Loss as Wallet Revenue Craters 37%, Sells 1,076 BTC

May 12, 2026 - 16:00
Exodus Posts $32M Loss as Wallet Revenue Craters 37%, Sells 1,076 BTC
Exodus Movement reported a net loss of $32.1 million for the first quarter of 2026, more than double the $12.9 million loss recorded in the same period last year, as the crypto wallet company liquidated the bulk of its Bitcoin treasury to fund acquisitions. Total revenue came in at $22.7 million for the three months...

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