BitGo Q3 Revenue Falls 50.9% as Trading Slows
BitGo reported Q3 revenue of $2.85 billion, down 50.9% year over year and 34.1% from the prior quarter, attributing the decline to weaker digital-asset trading. Net income rose on treasury gains, according to the headline.
BitGo (BTGO) saw a notable decline in revenue during the third quarter of this year, which it attributed to weaker digital asset trading activity.According to its press release, BitGo reported Q3 revenue of $2.85 billion, down 50.9% from a year earlier and 34.1% from the prior quarter.The revenue d…