BitGo Holdings, Inc. $BTGO reported third-quarter 2026 revenue of $2.9 billion, down sharply from a year earlier, even as profitability improved at the bottom line. Gross profit came in at $37.3 million, while operating profit was a loss of $19.2 million.
Net income attributable to common shareholders rose to $44.1 million, and diluted earnings per share reached $0.36, both showing strong year-over-year improvement. The company’s revenue also came in well above the analyst estimate of about $49.3 million.
- Revenue: $2.9 billion
- Gross profit: $37.3 million
- Net income attributable to common shareholders: $44.1 million
- Diluted earnings per share: $0.36
Cash used in operating activities was $18.5 million, while capital spending totaled $2.3 million. BitGo ended the quarter with $143.2 million in cash and cash equivalents, and total liabilities stood at $5.5 billion.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
BitGo Holdings, Inc. Insider Trading Activity
BitGo Holdings, Inc. insiders have traded $BTGO stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $BTGO stock by insiders over the last 6 months:
- MICHAEL BELSHE (CEO, President, CTO) sold 38,691 shares for an estimated $189,148
- EDWARD REGINELLI (Chief Financial Officer) has made 0 purchases and 4 sales selling 9,297 shares for an estimated $45,490.
- JODY METTLER (Chief Operating Officer) has made 0 purchases and 3 sales selling 242 shares for an estimated $1,219.
- CHEN FANG (Chief Revenue Officer) sold 234 shares for an estimated $1,173
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
BitGo Holdings, Inc. Hedge Fund Activity
We have seen 55 institutional investors add shares of BitGo Holdings, Inc. stock to their portfolio, and 29 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- STONE RIDGE HOLDINGS GROUP LP added 5,933,577 shares (+inf%) to their portfolio in Q3 2026, for an estimated $43,908,469
- PANTERA CAPITAL PARTNERS LP removed 3,134,177 shares (-94.5%) from their portfolio in Q2 2026, for an estimated $16,235,036
- GOLDMAN SACHS GROUP INC removed 2,118,018 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $10,971,333
- DRW SECURITIES, LLC added 2,063,865 shares (+inf%) to their portfolio in Q2 2026, for an estimated $10,690,820
- EXCHANGE TRADED CONCEPTS, LLC added 942,369 shares (+inf%) to their portfolio in Q3 2026, for an estimated $6,973,530
- TIDAL INVESTMENTS LLC added 844,715 shares (+73.5%) to their portfolio in Q2 2026, for an estimated $4,375,623
- GEODE CAPITAL MANAGEMENT, LLC added 697,467 shares (+153.0%) to their portfolio in Q3 2026, for an estimated $5,161,255
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
