Exodus Wallet’s BTC Holdings Declined in December

Exodus, a self-custodial cryptocurrency platform, reported a notable decline in its corporate treasury Bitcoin holdings for December 2025, according to a treasury update and monthly metrics report released on January 8.

The company disclosed that it held 1,704 bitcoin as of Dec. 31, down from 1,902 BTC at the end of November, representing a month-over-month reduction of 198 BTC. The decrease came during a period of softer crypto market activity toward the end of the year.

Bitcoin was not the only digital asset to see a drawdown. Exodus reported that its ether holdings fell to 1,898 ETH in December from 2,802 ETH a month earlier, while sol holdings declined to 12,473 SOL from 31,050 SOL in November. The company did not attribute the reductions to market price fluctuations, instead reporting asset balances in units rather than dollar values.

Alongside the decline in digital assets, Exodus emphasized improvements to its balance sheet. The company fully repaid its credit facility associated with the pending acquisition of W3C during December and ended the year with no outstanding debt, according to Chief Financial Officer James Gernetzke. Management described the move as part of a broader effort to strengthen financial flexibility heading into 2026.

Operational metrics were mixed during the month. Exodus reported 1.5 million monthly active users, unchanged from November, indicating stable engagement with its wallet and exchange services. However, the exchange provider's processed volume fell to roughly $360 million in December, down from $549 million the previous month. The portion of that volume generated through Exodus’ XO Swap partners also declined.

The company publishes monthly treasury and operating updates as part of its public-company reporting, offering investors regular insight into its digital asset exposure and business performance.