BitGo Holdings, Inc. reported second quarter 2026 financial results with total revenue of $4.3 billion, a 79.6% year-over-year increase driven by Digital Asset Sales and Stablecoin-as-a-Service growth. The company posted a net loss of $19.0 million compared to net income of $38.3 million in the prior year period, primarily due to an $18.8 million unrealized loss on digital assets versus a gain in 2025. Adjusted EBITDA was a loss of $4.2 million. The company authorized a share repurchase program of up to $50 million and announced expected annualized cash savings of approximately $15 million from sharpened investment priorities. Concurrently, Chief Financial Officer Edward Reginelli resigned effective September 15, 2026, remaining in an advisory role during the transition. BitGo operates as a digital asset infrastructure company providing custody, wallets, staking, trading, and settlement services.
