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BitGo doubles revenue to $3.8 billion but net loss widens in Q1

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The Block Editorial
(05:03 AM UTC)
1 min read
EW
Reviewed byEmily Watson
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Crypto infrastructure firm BitGo Holdings reported strong revenue growth but widened losses in its first quarterly earnings report since going public in January.

In the first quarter of this year, BitGo generated $3.8 billion in total revenue, up 112.6% year-on-year, according to its earnings report released Wednesday. The revenue growth was "driven by higher digital asset sales activity and a…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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