Sentiment: Negative
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BitGo (BTGO) Stock Slips After Revenue Doubles But Losses Widen
By Trader Edge at 2026-05-14 04:36
Sentiment: Negative
TLDR BitGo posted Q1 revenue of $3.8 billion, up 112.6% year-over-year, driven by digital asset sales Net loss widened to $60.7 million, up from $25.7 million in Q1 2025 The larger loss was tied to non-cash bitcoin treasury markdowns and IPO-related stock compensation costs Bitcoin dropped ~23.8% during the quarter, ending March near $66,699 BTGO [...] The post BitGo (BTGO) Stock Slips After Revenue Doubles But Losses Widen appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central