1 week ago
BitGo Revenue Hits $3.8 Billion in Q1 2026 Despite Widening Net Loss After NYSE Debut
NewsBitcoin treasuryBitGoBTGOCrypto InfrastructureDigital Asset SalesInstitutional CryptoNYSE IPOstablecoin-as-a-service
TLDR: BitGo’s total Q1 2026 revenue reached $3.8B, rising 112.6% year-over-year driven by digital asset sales activity. Net loss widened to $60.7M in Q1 2026, largely due to non-cash Bitcoin treasury adjustments and IPO-related stock compensation. Client count grew 42% year-over-year to 5,569, reflecting continued institutional demand across BitGo’s platform. Stablecoin-as-a-Service revenue jumped 43.6% sequentially [...]
The post BitGo Revenue Hits $3.8 Billion in Q1 2026 Despite Widening Net Loss After NYSE Debut appeared first on Blockonomi.
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