secwatch.observer — SEC 8-K summary
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Issuer:     BITGO HOLDINGS, INC. (BTGO)
CIK:        0001740604
Form:       8-K
Filed at:   2026-03-26T23:59:59+00:00
Accession:  0001740604-26-000017
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1740604/000174060426000017/0001740604-26-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1740604/000174060426000017/btgo-20260326x8k.htm
  HTML page:      https://secwatch.observer/filing/0001740604-26-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer