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Cryptocurrency custody platform BitGo (BTGO) releases Q1 2026 performance.
Q1 total revenue is approximately $3.77B, up 112.6% year-over-year, but down 38.7% quarter-over-quarter;
net loss widened to $60.7 million, compared to a net loss of $25.7 million in the same period last year.
Q1 customer count increased by 42% year-over-year, standardized platform assets grew by 29.4% year-over-year,
and standardized staking balances increased by 27.2% quarter-over-quarter.
As of March 31, BitGo held $186.6 million in cash and equivalents, and held 2,449 BTC, with a fair value of approximately $167.1 million.