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BitGo Reports 51% Revenue Drop in Q3 2026 While Net Income Rises
(3 hours ago) · 1 source · Summarized by CryptoBipto
BitGo, a cryptocurrency custody and infrastructure company, reported a 51% decline in revenue during the third quarter of 2026 as trading activity slowed. Despite the revenue drop, the company's net income increased due to gains from its treasury holdings.
WHY IT MATTERS
BitGo is one of the largest companies that provides custody services for cryptocurrency — essentially acting like a bank vault for digital assets, primarily for large institutional clients.
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SOURCES
- theblock.co
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