According to Bitcoin Magazine, cryptocurrency wallet service provider Exodus has released its unaudited financial report for the first quarter of 2025, with revenue increasing by 24% year-on-year to $36 million, reaching a historic high. The total value of the company's digital asset holdings reached 238 million US dollars, of which 2011 bitcoins (worth 166 million US dollars) accounted for the main portion, an increase of 70 from the end of 2024. Other positions include 2693 pieces of Ethereum ($4.9 million) and a combination of USDC and treasury bond bonds of $62.8 million.
Despite a 30% decrease in monthly active users to 1.6 million, the end of term active users remained at 1.8 million. The transaction processing volume for this quarter reached 2.18 billion US dollars. R&D and technical support expenses increased by 39% to $14.9 million, with a net loss of $12.9 million (compared to a net profit of $54.8 million in the same period last year), mainly due to a floating loss of $28.8 million in digital asset holdings. The management stated that they will continue their self hosting strategy and expand their business boundaries.