BitGo — Q3 2026 Earnings Summary

BitGo Holdings, Inc. reported a net income of $44.1 million for the third quarter of 2026, driven primarily by a $71.5 million unrealized gain on its digital asset treasury. Total revenue for the quarter was $2.85 billion, a 50.9% decrease year-over-year, largely due to reduced digital asset sales activity in a soft trading environment. The company completed the acquisition of NYDIG's institutional trading business and expanded its off-exchange settlement network while repurchasing $24.7 million of common stock. Normalized assets on the platform and normalized assets staked increased by 32% and 41% year-over-year, respectively, reflecting continued institutional adoption.