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Exodus sells over 1,000 Bitcoin as Q1 loss widens to $32M

Cointelegraph.com News·
Exodus sells over 1,000 Bitcoin as Q1 loss widens to $32M
AI Analysis

Exodus Movement reported a significant Q1 net loss of $32.1 million, alongside a 36.8% decline in revenue to $22.7 million, attributed to a decrease in monthly active users. The company also sold over 1,000 Bitcoin during this period, indicating potential liquidity challenges.

Key Topics

Exodus MovementBitcoin

Originally reported by Cointelegraph.com News. Read the full article ↗

Exodus sells over 1,000 Bitcoin as Q1 loss widens to $32M | AI Crypto Daily Wire