Exodus Movement Inc. has entered into a new $60 million loan agreement with Galaxy Digital LLC under its existing Master Digital Currency Loan Agreement. The loan, executed on November 17, 2025, is denominated in U.S. dollars and secured by Bitcoin pledged as collateral. The facility carries a 9% annual interest rate and features an evergreen structure, allowing either party a 30-day recall or redelivery option. The initial collateral requirement is set at 150% of the loan value, with margin-call thresholds at 140% and 135%. The Bitcoin collateral is held with Anchorage Digital Bank, and the agreement prohibits rehypothecation by the lender. Proceeds from the loan are intended to support Exodus's readiness for potential future strategic transactions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Exodus Movement Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-291325), on November 21, 2025, and is solely responsible for the information contained therein.
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