BitGo Holdings, a digital asset infrastructure company, recently released its first quarterly financial report following its listing on the NYSE. According to ChainCatcher, the company reported total revenue of $3.77 billion for the first quarter of 2026, marking a 112.6% increase compared to the previous year. This growth was primarily driven by the expansion of its digital asset business and increased revenue from its stablecoin-as-a-service offerings.
Despite the revenue growth, BitGo's GAAP net loss widened from $25.7 million in the same period last year to $60.7 million. This increase was attributed to a non-cash market value adjustment of approximately $53.7 million related to Bitcoin holdings and higher IPO-related stock compensation expenses. The adjusted EBITDA showed a loss of $1.7 million, contrasting with a profit of $3.9 million in the previous year.
In January, BitGo launched its derivatives business, generating a nominal trading volume of around $3 billion. However, due to the net revenue recognition for derivatives and gross revenue recognition for spot trading, the company's revenue declined by 38.7% quarter-over-quarter. The number of clients increased by 42% year-over-year, reaching 5,569 by the end of the quarter. As of the quarter's end, BitGo held 2,449 Bitcoins and $186.6 million in cash.
39 ترليون: عندما تصبح العملة الورقية "قميص قذر"، يكون البيتكوين هو المركب الأخير لك.
وزارة الخزانة الأمريكية دفعت هذا العام 6280 مليار دولار كفوائد بس لتسديد الديون. 6280 مليار. الرقم هذا كبير لدرجة أن معظم اقتصادات الدول في العالم ما توصل له. وهذا بس بداية. مأزق بلا حل. لو كل شهر تكسب 10 آلاف، لكنك لازم تصرف 14 ألف. تجاوز 40%. عندك 60 ألف على بطاقة الائتمان، والفوائد لسه ترتفع. البنك اتصل فيك وقال، إذا ما سددت الفلوس رح تدخل في السجل الائتماني. كيف حالك؟ —— هذه هي أمريكا الآن. راي داليو، هذا الرجل اللي يدير أكبر صندوق تحوط في العالم، قال الحقيقة في مقابلة جديدة: