Deep Tide TechFlow News, May 14th, BitGo announced its Q1 2026 financial report, with total revenue of $3.77B, a year-over-year increase of 112.6%, and a quarter-over-quarter decrease of 38.7%; net loss was $60.7 million, compared to a net loss of $25.7 million in the same period last year. During the same period, BitGo's newly launched derivatives business recorded approximately $3 billion in nominal trading volume. The company stated that some customer trading activities shifted from spot to derivatives, as derivative revenue is recognized on a net basis, while spot trading revenue is recognized on a gross basis, making the related revenue figures not directly comparable to previous periods. Q1 customer count reached 5,569, a year-over-year increase of 42%.

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