Exodus Movement (EXOD) fully repays $60M W3C loan and updates year-end volumes

Rhea-AI Filing Summary

Exodus Movement, Inc. reported an update on its corporate digital asset treasury and on user and exchange provider processed volume metrics as of December 31, 2025. These metrics give a snapshot of the company’s activity levels and digital asset exposure at year-end.

The company also disclosed that it fully repaid indebtedness incurred on November 17, 2025 in the principal amount of $60 million with Galaxy Digital LLC. That short-term borrowing was taken under a Master Digital Currency Loan Agreement to help fund the previously announced acquisition of W3C Corp, so the rapid repayment reduces debt tied to that transaction.

Insights

Credit and capital structure analyst

Exodus quickly repaid a $60M acquisition-related loan, trimming short-term debt.

Exodus Movement, Inc. disclosed that it fully repaid indebtedness incurred on November 17, 2025 in the principal amount of $60 million to Galaxy Digital LLC. This borrowing was taken under a Master Digital Currency Loan Agreement in connection with the previously announced acquisition of W3C Corp, indicating it was used as deal financing rather than ongoing working capital.

Repaying this $60 million obligation during December 2025 removes a sizeable, recent liability from the balance sheet and may lower interest expense, though the filing does not quantify rates or terms. The company also updated its digital asset treasury holdings and user and exchange provider processed volume metrics as of December 31, 2025, providing an additional data point on scale and blockchain-related activity at year-end.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 08, 2026

Exodus Movement, Inc.

(Exact name of Registrant as Specified in Its Charter)

Texas			001-42047	81-3548560
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
15418 Weir St. #333
Omaha, Nebraska				68137
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: 833 992-2566

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Class A Common Stock, par value $0.000001 per share		EXOD		NYSE American LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On January 8, 2026, Exodus Movement, Inc. (the “Company”) announced an update to selected digital asset holdings of the Company’s corporate treasury, as well as updated user and exchange provider processed volume metrics, as of December 31, 2025. As part of this update, the Company disclosed that during December 2025 it fully repaid the indebtedness incurred on November 17, 2025 in the principal amount of $60 million pursuant to a loan term sheet executed under the Company’s Master Digital Currency Loan Agreement with Galaxy Digital LLC, which indebtedness was incurred in connection with the Company’s previously announced acquisition of W3C Corp.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			EXODUS MOVEMENT, INC.
Date:	January 8, 2026	By:	/s/ James Gernetzke
			James Gernetzke, Chief Financial Officer

FAQ

What did Exodus Movement, Inc. (EXOD) disclose in this 8-K filing?

Exodus Movement, Inc. reported an update on selected digital asset holdings in its corporate treasury and updated user and exchange provider processed volume metrics as of December 31, 2025. It also disclosed full repayment of a recent $60 million loan used for the W3C Corp acquisition.

How much debt did Exodus Movement, Inc. (EXOD) repay and when?

Exodus Movement, Inc. stated that during December 2025 it fully repaid indebtedness incurred on November 17, 2025 in the principal amount of $60 million under a Master Digital Currency Loan Agreement with Galaxy Digital LLC.

Why did Exodus Movement, Inc. (EXOD) incur the $60 million indebtedness?

The filing explains that the $60 million indebtedness was incurred in connection with Exodus Movement, Inc.’s previously announced acquisition of W3C Corp, using a loan term sheet executed under its Master Digital Currency Loan Agreement with Galaxy Digital LLC.

What treasury information did Exodus Movement, Inc. (EXOD) update?

Exodus Movement, Inc. announced an update to selected digital asset holdings of its corporate treasury as of December 31, 2025, giving investors more detail on its digital asset positions.

What operational metrics did Exodus Movement, Inc. (EXOD) provide in this report?

The company reported updated user metrics and exchange provider processed volume metrics as of December 31, 2025, highlighting activity levels going through its platform and exchange partners.

Who was the lender on Exodus Movement, Inc.’s repaid $60 million loan?

The lender was Galaxy Digital LLC, with the loan arranged under Exodus Movement, Inc.’s Master Digital Currency Loan Agreement and documented via a loan term sheet executed on November 17, 2025.