US-listed crypto wallet provider Exodus disclosed a digital asset loss of approximately $36.4 million in its first-quarter 2026 financial report, highlighting the balance sheet risks from market volatility.
The filing provides a transparent look into the company's operational health and exposure to cryptocurrency price fluctuations, a level of disclosure not common among privately held competitors.
The report detailed the firm's holdings of approximately $122.6 million in digital assets and cash. This includes 628 Bitcoin and 1,861 Ethereum. Furthermore, the company's transaction volume declined 22% from the previous quarter to $1.18 billion.
The combination of a net loss and decreased user transaction volume is likely to attract scrutiny from investors, potentially impacting Exodus's stock price. The results may also temper enthusiasm for other publicly traded crypto-related firms, as it underscores the direct financial impact of digital asset volatility on corporate balance sheets ahead of the next earnings season.
Exodus is a US-based software platform that allows users to send, receive, and exchange various cryptocurrencies. The company's public listing requires regular financial disclosures, offering a window into the operations of a retail-focused crypto wallet.
This article is for informational purposes only and does not constitute investment advice.
