According to CoinDesk, cryptocurrency wallet company Exodus Movement (EXOD) sold 1,076 BTC in the first quarter, reducing its holdings by 63%, while increasing its holdings of SOL by 5,068 during the same period. The company sold a total of $73.2 million in crypto assets, causing its cash and stablecoin reserves to surge from $5.2 million to $74.4 million, with over $70 million allocated specifically as reserve funds for the acquisition of the W3C payment business.
Exodus Sells 1,076 BTC to Fund W3C Payment Business Acquisition
TechFlowShare
Summary
Exodus Movement (EXOD) sold 1,076 BTC in Q1 2026 as part of a value investing strategy in crypto, reducing its BTC holdings by 63%. The company also purchased 5,068 SOL, with $73.2 million in crypto sales increasing its cash and stablecoin reserves to $74.4 million. Over $70 million will fund the acquisition of the W3C payment business, a move with a strong risk-to-reward profile.
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