Advertisement|Remove ads.

BitGo (BTGO) shares jumped nearly 2% on Thursday after it reported a more than 400% jump in its fourth quarter revenue.
BTGO reported total revenue of $6.2 billion in Q4 that increased 439.9% year-over-year, driven by higher digital asset trading activity, increased subscription and services revenue, continued success of the company’s Stablecoin-as-a-Service offering, as well as existing and new client growth.
“In January, BitGo became the first public, federally chartered digital asset infrastructure company,” said Mike Belshe, CEO of BitGo. “This milestone, in combination with our strong fourth quarter and full year 2025 results and continued market share expansion, serves to strengthen our value proposition while supporting investments in our strategy as we enhance and broaden our suite of institutional-grade infrastructure solutions."
The company's Digital Asset Sales total revenue was $6.0 billion, increasing 531.3% year-over-year from $955.5 million.
It reported diluted loss per share of $1.03 compared to earnings per share $1.07 in the prior year, driven by declines in digital asset prices impacting the company’s Bitcoin treasury.
Its adjusted core profit came at $12.1 million in Q4 compared to a $4.2 million, an increase of 188.0% year-over-year, demonstrating operating leverage.
The company secured Office of the Comptroller of the Currency (OCC) approval in December, enabling the company to become the first public, federally chartered digital asset infrastructure provider. It has also broadened its product suite with the launch of Stablecoin-as-a-Service and Crypto-as-a-Service in the first half of 2025.
Retail sentiment around BTGO trended in ‘bearish’ territory amid ‘high’ message volume.
Shares in the company have fallen almost 50% so far this year.