04:48 PM EDT, 05/27/2025 (MT Newswires) -- Exodus Movement ( EXOD ) filed a registration statement Tuesday for the potential sale of up to $1 billion in securities from time to time.

The filing covers common and preferred stock, debt securities, warrants and units.

Net proceeds will be for general corporate purposes, including capital expenditures, acquisitions, working capital and debt repayment, the company said.

Additionally, five company executives may sell up to a combined 1.5 million Class A shares, according to the filing.

Exodus won't receive proceeds from the offers by the selling stockholders.

Shares of the company fell 3.1% in after-hours trading.