Exodus sells 1,076 BTC to fund fintech acquisitions, shifting focus to global payments.

Exodus Movement sold 1,076 bitcoin in Q1 2026, reducing its bitcoin holdings by 63% to raise $73.2 million. The funds were used to acquire payments firms Monavate and Baanx, marking a strategic shift from crypto trading to global payments infrastructure. Despite the sale, Exodus reported a $32.1 million net loss due to lower trading volumes and asset impairments. The company increased its Solana holdings and aims to grow through fintech products like Exodus Pay and XO Cash stablecoin.