Exodus Movement, Inc. announced strong Q1 2025 financial results, highlighting record revenue of $36 million, up 24% from the previous year. Despite a 30% decline in monthly active users to 1.6 million, they maintained a solid user base and bolstered digital asset holdings. Bitcoin holdings increased to 2,011 BTC worth $166 million. Nonetheless, expenses rose significantly, leading to a net loss of $12.9 million, down from a net income of $54.8 million in Q1 2024. Company leadership remains optimistic about future opportunities and growth.
Exodus continues to offer innovative solutions that capitalize on the growing market for digital assets, while our focus on self-custody remains a difference-maker.
Q1 saw our highest first quarter revenue and second best revenue quarter on record, with an abundance of opportunities at our doorstep.
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