secwatch.observer — SEC 8-K summary
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Issuer:     BITGO HOLDINGS, INC. (BTGO)
CIK:        0001740604
Form:       8-K
Filed at:   2026-08-12T20:18:45+00:00
Accession:  0001740604-26-000048
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1740604/000174060426000048/0001740604-26-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1740604/000174060426000048/btgo-20260810.htm
  HTML page:      https://secwatch.observer/filing/0001740604-26-000048

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