The revenue decline was driven by continued soft crypto trading environment and a higher mix of lower-margin stablecoin transactions.
BitGo revenue falls 51% in Q3 as trading slows; net income rises on treasury gains
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BitGo Q3 profit nearly doubles on crypto gains as revenue falls 51%
BitGo’s $71 million unrealized gain on its crypto holdings helped nearly double its net income, but revenue and earnings came in below…
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