Exodus Movement reports more Bitcoin holdings, eyes NYSE uplisting

Exodus Movement has released updated figures on digital asset holdings and exchange volume as Bitcoin surpasses the $100,000 milestone.

According to a note posted on crypto. News, the company announced preliminary financial data for the fourth quarter of 2024, reflecting strong performance in its exchange services.

Exodus reported holding 1,900 Bitcoin (BTC) and 2,660 Ethereum (ETH) as of December 11. This marks an increase of 100 Bitcoins in his treasury since the end of the third quarter of 2024.

CFO James Gernetzke attributed this growth to revenues from the platform’s exchange aggregator, which processed record volumes during the quarter. Over-the-counter exchange-traded, self-custodial cryptocurrency wallet provider Exodus Movement Inc. has set its sights on listing on the New York Stock Exchange.

Higher currency volumes

Between October 1 and November 30, Exodus’ exchange aggregator processed $1.26 billion in transaction volume, a significant increase compared to the $960 million processed in the entire third quarter of 2024.

The company also noted progress in its regulatory journey. The Securities and Exchange Commission has completed its review of Exodus’ Form 10-12 registration statement. This milestone brings Exodus closer to its goal of listing on the NYSE American Stock Exchange.

Exodus generates most of its revenue from Bitcoin and USDC (USDC). The firm’s personal custody platform appeals to users seeking secure, non-custodial solutions for managing digital assets.

The announcement follows a period of increased activity in the digital asset market, spurred by Bitcoin reaching a historic price point. The financial figures disclosed are preliminary and have not been audited; Final results are expected after the company completes its fiscal year-end reporting process.