BitGo Q3 Profit Nearly Doubles as Revenue Falls 51%
BitGo Holdings reported third-quarter net income of $44.1 million, nearly double a year earlier, as crypto gains offset a $19.2 million operating loss.
US-listed digital asset infrastructure company BitGo Holdings reported $44.1 million in third-quarter net income, nearly double a year earlier, as a rise in the value of its crypto holdings offset a $19.2 million operating loss.The crypto custodian recorded a $71.5 million unrealized gain on digita…