BitGo announces $50M share repurchase program, ~8% of Class A shares

BITGO HOLDINGS, INC.

Board authorized repurchase of up to $50M of common stock, representing ~8% of Class A shares outstanding.
Program effective immediately with no fixed expiration; may be modified, suspended, or terminated at any time.
Repurchases may be made via open market, private transactions, or Rule 10b5-1 plans.
Company expects to fund repurchases with existing cash and cash equivalents.
CFO Ed Reginelli cited Board confidence in business and long-term trajectory.

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