Exodus Movement has released its Q1 2026 report, highlighting a loss of $32.13 million in digital assets. This is more than double the loss at the same time last year, when the company posted a net loss of $12.87 million.
From January 1 to March 31, 2026, Exodus reported total revenue worth $22.75 million, which is much less compared to the first quarter of 2025 when they saw total revenue of $35.99 million, which represents a decrease of 36.8%.
Exodus reports losses in the first quarter of 2026
According to the quarterly reportthe value of the company’s digital assets had fallen to $48.22 million compared to December 31, 2025, when it was $1.56 billion.
Furthermore, as of December 31, 2025, Exodus had 12,473 Solana [SOL]1,704 Bitcoins [BTC]and 1,898 Ethereum [ETH] in his treasury.
However, by March 31, 2026, the number of BTC units had dropped to 628. On the other hand, SOL units increased to 17,541, while ETH units saw a slight decrease of 37 units.
Citing the reason behind this, the company highlighted that the market price of digital assets held in the first quarter of 2026 fluctuated negatively.
This was mainly due to market volatility resulting from macroeconomic headwinds, such as the Fed’s interest rate changes, rate policy and geopolitical tensions, which slowed growth and increased inflation.
Will Giving Up Bitcoin Exodus Help?
Exodus believed that reducing BTC could free up money for strategic investments, expansion plans or operating costs, without significant dependence on external financing.
But there are also trade-offs associated with the strategy. This is because reducing exposure could limit upside potential if BTC continues to outperform altcoins during the current cycle.
At the same time, the price of Exodus shares had also fallen 9.60% to $6.97. Furthermore, there has been a 52.87% decline in stock prices so far this year. This coincided with Exodus’ introduction of XO Cash, a new stablecoin specifically designed for AI agents.
Final summary
- On December 31, 2025, Exodus had 1,704 Bitcoins, but by March 31, 2026, the Bitcoin units had dropped to 628.
- The crypto market experienced widespread volatility and negative fluctuations in the first quarter of 2026.