Crypto Firm Exodus Drains 63% Of Its Bitcoin Reserves As Q1 Loss Doubled Year Over Year

Exodus Movement sold more than 1,000 Bitcoin in the first three months of 2026 to fund a push into financial technology, raising $73 million in the process. Related Reading: Bitcoin Bulls Awaken As Rare Golden Cross Signal Flashes On Charts The crypto wallet company cut its Bitcoin holdings from 1,704 to 628 coins by March 31 — a reduction of roughly 63% — with nearly all the proceeds directed toward acquiring W3C Corp., the parent company of fintech firms Monavate and Baanx.