BitGo Holdings, Inc. BTGO reported second-quarter 2026 revenue of $4.3 billion, a sharp increase from a year earlier and well above analyst expectations. The company’s gross profit rose to $42.5 million, while operating loss narrowed to $17.4 million.
Despite the stronger top line, BitGo remained in the red. Net loss attributable to common shareholders was $19.0 million, and diluted loss per share came in at $0.16, compared with an estimate of $0.05 per share.
Cash flow and balance sheet trends were mixed. Operating cash flow was negative at $18.1 million, while cash and cash equivalents climbed to $159.0 million. Total liabilities increased to $5.6 billion, reflecting the company’s larger operating scale.
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 54 institutional investors add shares of BitGo Holdings, Inc. stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VALOR MANAGEMENT LLC added 12,538,608 shares (+inf%) to their portfolio in Q1 2026, for an estimated $103,192,743
- REDPOINT MANAGEMENT, LLC added 10,752,948 shares (+inf%) to their portfolio in Q1 2026, for an estimated $88,496,762
- PANTERA CAPITAL PARTNERS LP added 3,315,241 shares (+inf%) to their portfolio in Q1 2026, for an estimated $27,284,433
- GOLDMAN SACHS GROUP INC added 2,118,018 shares (+inf%) to their portfolio in Q1 2026, for an estimated $17,431,288
- JUMP FINANCIAL, LLC added 1,568,657 shares (+inf%) to their portfolio in Q1 2026, for an estimated $12,910,047
- CRCM LP added 1,312,171 shares (+inf%) to their portfolio in Q2 2026, for an estimated $6,797,045
- TIDAL INVESTMENTS LLC added 1,148,904 shares (+inf%) to their portfolio in Q1 2026, for an estimated $9,455,479
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.
BitGo Holdings, Inc. Price Targets
Multiple analysts have issued price targets for $BTGO recently. We have seen 9 analysts offer price targets for $BTGO in the last 6 months, with a median target of $15.0.
Here are some recent targets:
- Brett Knoblauch from Cantor Fitzgerald set a target price of $15.0 on 05/14/2026
- Dan Dolev from Mizuho set a target price of $14.0 on 04/01/2026
- Joseph Vafi from Canaccord Genuity set a target price of $15.0 on 03/27/2026
- Steven Wahrhaftig from Wedbush set a target price of $15.0 on 03/27/2026
- Chris Brendler from Rosenblatt set a target price of $15.0 on 03/27/2026
- James Yaro from Goldman Sachs set a target price of $10.5 on 03/27/2026
- Peter Christiansen from Citigroup set a target price of $17.0 on 03/18/2026
