Exodus Boosts BTC, SOL Holdings as ETH Position Shrinks

Exodus Movement Inc., a publicly traded cryptocurrency wallet provider listed on the New York Stock Exchange American, disclosed its corporate treasury update for May. The company increased its Bitcoin and Solana holdings while reducing its Ethereum position.

In May, Exodus purchased an additional 27 BTC, bringing its total corporate treasury to 656 BTC. It also acquired 1,439 SOL, raising its SOL balance to 20,673 tokens. Meanwhile, the company sold 439 ETH, trimming its ETH holdings to 1,433.

The increase in transaction volume occurred even as the company's monthly active users (MAU) remained flat at 1.5 million. The firm processed approximately $383 million in cryptocurrency transactions through its platform in May, up from $347 million in April, marking a 10.4% increase.