Exodus reports 100 more Bitcoin and $1.26 billion trading volume

Exodus Movement Inc., a self-custodial cryptocurrency wallet provider, revealed updated financial data showcasing significant growth in its digital asset holdings and exchange activity.

As of December 11, the company reported holding over 1,900 Bitcoin (CRYPTO:BTC) and 2,660 Ethereum (CRYPTO:ETH), marking a 100 Bitcoin increase in its treasury since the close of the third quarter in 2024.

CFO James Gernetzke credited the growth to the company’s exchange aggregator, which saw record revenues during the fourth quarter.

Between October 1 and November 30, Exodus processed $1.26 billion in trading volume, a notable jump from the $960 million recorded in the entire third quarter.

This reflects a growing demand for the platform's exchange services amid heightened activity in the digital asset market, fueled by Bitcoin surpassing the $100,000 milestone.

The company also made strides in its regulatory efforts.

The U.S. Securities and Exchange Commission has completed its review of Exodus’s Form 10-12 registration statement.

This achievement paves the way for Exodus to move closer to its goal of listing on the NYSE American Stock Exchange.

Exodus generates most of its revenue through Bitcoin and USDC (CRYPTO:USDC), offering secure, self-custodial solutions for managing digital assets.

The firm’s focus on non-custodial wallet services aligns with growing user demand for greater control over their digital funds.

The financial figures disclosed are preliminary and unaudited, with final results expected after the company concludes its fiscal year reporting.

This announcement comes at a time of increased optimism in the cryptocurrency market, as Bitcoin continues to reach historic price levels and self-custodial platforms gain traction among users prioritising security and decentralisation.

At the time of reporting, the Bitcoin (BTC) price was $99,714.19, ranked #1.