Exodus movement case: pioneering Bitcoin dividend strategy in a crypto-driven future

Exodus Movement, Inc. (EXOD) is the first to release a quarterly dividend to shareholders, the first in the U.S. open market and will take advantage of its 2,116 BTC Treasury bills worth $220.5 million as of August 2025. The company tokenizes $268.92 million in equity on the Algorand platform through Securitize and expands to Solana and Ethereum through Superstate, and launches low-cost DeFi products such as ExoSwap and ExoPay. Despite a 5.58% decline in the second quarter of 2025, Exodus still reported revenue of $26 million, a year-on-year increase of 16%, thanks to 2.2 million monthly active users and $291 million in assets.