Exodus Movement

Exodus Movement, Inc.

Treasury Qualification

Treasury classificationDigital Asset Company with Corporate BTC

Qualification tierCore Directory

Directory statusIncluded

Ownership status600 attributable corporate treasury BTC at June 30, 2026, disclosed July 9. Customer assets are excluded. Current unrestricted status is not sufficiently supported, so the former 656 unencumbered component is cleared rather than carried forward. The new group balance sheet contains substantial customer deposits; older blanket assertions of no group customer liabilities do not describe the current group. The 56-BTC decline is not fully reconciled and is not attributed entirely to sales.

Strategic intent

Exodus maintains and actively manages company-owned Bitcoin as part of its corporate digital-asset treasury. The company receives substantial operating revenue in Bitcoin, periodically converts or deploys digital assets for operating and strategic purposes, and publishes recurring treasury updates identifying the Bitcoin held for its own account.

Bitcoin Treasury

Last verified attributable BTC600 BTC

Balance dateJune 30, 2026

Estimated value$47,857,200BTC price retrieved: October 27, 2026 at 08:17 UTC

Average purchase priceNot disclosed

Included in totals

Verified at the stated balance date

Ownership and Restrictions

Component figures are shown only when separately disclosed and may overlap; they are not additive. Components refer to the eligible balance date unless dated otherwise in research notes. “Not separately disclosed” does not imply zero.

Total BTC reported600

Unencumbered / unrestrictedNot separately disclosed

Pledged as collateral0

Loaned to third parties0

Subsidiary-ownedNot separately disclosed

Other restricted owned BTC0

Latest Financial Results

Reporting period: Three months ended June 30, 2026

Revenue$26,228,000

Operating income/lossPending

Net income/loss$-18,612,000

Cash$21,211,000

Management

Chief executive officer: Jon Paul Richardson
Chief financial officer: James Gernetzke
Executive chair: Jon Paul Richardson

Research Notes

Exodus reported 656 BTC in its unaudited May 2026 treasury update, up from 629 BTC at April 30, 2026. The company held 628 BTC at March 31, 2026 and 1,704 BTC at December 31, 2025. During the first quarter of 2026, Exodus disposed of digital assets to generate cash primarily for strategic acquisitions, demonstrating active treasury management rather than a fixed accumulation-only policy. The counted amount consists only of Bitcoin held by Exodus for its own account. Because the Exodus wallet is self-custodial, customer-controlled Bitcoin is not held on the company's balance sheet and is excluded automatically. No public disclosure identified any of the 656 BTC as borrowed, pledged, loaned, or restricted. First-quarter 2026 revenue was $22.747 million and net loss was $32.139 million. At March 31, 2026, total assets were $230.494 million, total liabilities were $11.827 million, and cash and cash equivalents were $72.919 million. September 29, 2026 methodology and financial refresh: 600 attributable corporate treasury BTC at June 30, 2026, disclosed July 9. Customer assets are excluded. Current unrestricted status is not sufficiently supported, so the former 656 unencumbered component is cleared rather than carried forward. The new group balance sheet contains substantial customer deposits; older blanket assertions of no group customer liabilities do not describe the current group. The 56-BTC decline is not fully reconciled and is not attributed entirely to sales. USD, Q2: three months ended June 30, 2026; balance sheet at June 30. 'REVENUES' 26,228,000; 'NET (LOSS) INCOME' -18,612,000 consolidated. operating_income remains null; pretax loss is not substituted. Cash 21,211,000 excludes restricted cash; assets 596,702,000; liabilities 395,738,000, including substantial customer deposits. Existing Richardson/Gernetzke management retained. Financial source: https://www.sec.gov/Archives/edgar/data/1821534/000162828026055453/exod-20260630.htm (published August 10, 2026). Eligible historical/current evidence: https://www.exodus.com/investors/news-events/press-releases/detail/120/exodus-movement-inc-june-2026-treasury-update-and-monthly-metrics (source date: July 9, 2026). Historical notes above are preserved as dated history; earlier eligibility descriptions do not override this review. The existing last_verified date is unchanged and is not a blanket verification of unresolved fields.