BitGo Holdings Q2 2026 Earnings Call Transcript - BitGo Holdings (NYSE:BTGO)

BitGo Holdings Q2 2026 Earnings Call Transcript - BitGo Holdings (NYSE:BTGO)

BitGo posts wider Q1 loss despite revenue more than doubling

BitGo’s headline revenue figure doubled year-over-year to $3.8 billion, but a Bitcoin price decline and IPO-related costs pushed net losses to $60.7 million in the first quarter.

BitGo Posts $3.8B Revenue, $60.7M Loss amid Bitcoin Decline and IPO Costs in Q1 – #CryptoUpdatesGNIT

Digital asset infrastructure company BitGo reported a wider first-quarter net loss as Bitcoin treasury mark-to-market losses and IPO-related expenses outweighed stronger client growth and a year-over-year jump in revenue. Revenue for the quarter ended March 31 was $3.8 billion, up from $1.8 billion a year earlier, driven by higher digital asset trading activity and growing contributions from its stablecoin business, the company announced Wednesd…

BitGo (BTGO) Stock Drops Despite First Quarter Revenue Surge to $3.8B

Key Takeaways Q1 revenue reached $3.8 billion, representing a 112.6% year-over-year increase, fueled by digital asset transactions The company’s net loss expanded to $60.7 million, compared to $25.7 million in the same quarter of 2025 Increased losses stemmed from non-cash bitcoin treasury write-downs and stock-based compensation related to the company’s public debut During Q1, bitcoin’s value declined approximately 23.8%, closing March around …