BitGo Q4 revenue $6.2B (+440% YoY), net loss $50M on Bitcoin treasury, adj EBITDA $12.1M

BITGO HOLDINGS, INC.

Total revenue $6.2B in Q4 2025, up 440% YoY; full year revenue $16.2B, up 424% YoY.
Net loss $50M vs net income $129.4M in prior year; diluted EPS -$1.03 vs $1.07, driven by Bitcoin price declines.
Adjusted EBITDA $12.1M in Q4 (+188% YoY); full year adj EBITDA $32.4M (+904% YoY).
Clients grew 103.5% YoY to 5,322; launched derivatives business in Q1 2026 with ~$3B notional volume.
Became first public federally chartered digital asset firm post-OCC approval; NYSE debut Jan 2026.

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