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BitGo Reports $44 Million Quarterly Profit While Adjusted EBITDA Remains Negative
(3 hours ago) · 1 source · Summarized by CryptoBipto
Crypto custody firm BitGo reported a $44 million profit for Q3 2026 as platform assets grew. However, the company's adjusted EBITDA remained negative, indicating that its core operations have not yet reached sustained profitability.
WHY IT MATTERS
BitGo is a company that acts like a high-security vault for cryptocurrency, primarily serving large businesses and institutions rather than individual users.
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SOURCES
- newsbtc.com
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