BitGo Posts $44M Profit as Treasury Gains Offset $19M Operating Loss

BitGo Posts $44M Profit as Treasury Gains Offset $19M Operating Loss

BitGo’s Q3 net income nearly doubled to $44 million, mainly driven by a $71 million unrealized gain on its digital asset treasury holdings.

BitGo's (BTGO) $83 Billion Platform Signals Institutional Depth As New Products Target Future Growth

With more than $83 billion in assets sitting on its platform at the close of the third quarter, BitGo (NASDAQ: BTGO) is cementing its position as a leading regulated custodian in digital finance. The company disclosed Q3 revenue of $2.9 billion on November 9, 2026, even as broader digital asset trading activity showed signs of […]

BitGo (BTGO) Misses Revenue Estimate by 32% Despite Profit Jump

TLDR BitGo closed Monday at $5.10, up 4.94%, then slipped 1.14% after hours to $5.04. Q3 net income rose 94% to $44.1 million, driven by a $71.5 million unrealized crypto gain. Revenue fell 51% to $2.85 billion, missing the $4.2 billion consensus by 32%. The company posted an operating loss of $19.2 million and an [...]

BitGo Q3 Revenue Plunges 51% to $2.85 Billion as Crypto Trading Slows

BitGo reported a 51% year-over-year decline in third-quarter revenue as weaker crypto trading and a greater mix of lower-margin stablecoin transactions weighed on its digital asset sales business, while a $71.5 million unrealized gain on its own crypto holdings pushed net income sharply higher.Revenue fell to $2.85 billion for the quarter ended September 30 from $5.81 billion a year earlier and $4.33 billion in the second quarter. After $2.81 bi…