BitGo Q2 revenue $4.33B (+79.6% YoY) but net loss $19M; CFO resigns; $50M buyback

BITGO HOLDINGS, INC.

Total revenue $4.33B, up 79.6% YoY and 14.7% QoQ; net loss $19.0M vs $38.3M income in Q2 2025.
Adjusted EBITDA loss $4.2M vs +$3.0M a year ago; basic/diluted EPS $(0.16).
CFO Ed Reginelli to resign effective Sept 15, 2026; search for successor underway, advisory role after.
Board authorized $50M share repurchase; cash $159.0M, 2,523 company-owned Bitcoin (~$147.7M).
Normalized Assets on Platform up 31.4% YoY to $65.2B; Staking revenue $64.7M, Stablecoin-as-a-Service $38.8M.

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