On August 27, 2026, BitGo Holdings, Inc. entered into a definitive merger agreement to acquire the institutional trading business and related assets of NYDIG. The transaction involves a two-step merger where BitGo pays $7 million in cash, issues shares valued at approximately $35.5 million, and provides contingent rights for up to $15 million in additional cash and equity based on revenue milestones. Approximately 30 employees and client relationships transferred to BitGo, which aims to expand its derivatives, financing, and capital markets capabilities within its regulated digital asset infrastructure platform. This acquisition strengthens BitGo's institutional trading offerings alongside its existing custody and settlement services.

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.

Jeffrey Howowitz announced his retirement as Chief Compliance Officer of BitGo Holdings, Inc., effective June 19, 2026. The company stated his departure was not due to any disagreements regarding operations, policies, or practices. BitGo Holdings, Inc. provides digital asset financial services.

BitGo Holdings, Inc. announced on June 17, 2026, that its board of directors has authorized a share repurchase program for up to $50,000,000 of its outstanding common stock. The company expects to fund the repurchases through existing cash, cash equivalents, and cash from operations. BitGo Holdings, Inc. operates in the digital asset and cryptocurrency infrastructure industry and provides services for institutional and institutional-grade clients.