BitGo Holdings
BTGO · NYSEFinancialHighUnited States
BTC held
2,523
as of Jun 30, 2026 · 0.012% of 21M
Value now
$204M
at BTC $80,770
Basic mNAV
3.96×
mkt cap $806M as of Aug 31, 2026
Sats per share
2,146
118M shares as of Aug 31, 2026
Cost basis
- Average cost per BTC
- —
- Total invested
- —
- Unrealized gain
- —
Treasury debt
No convertible notes or treasury-linked debt on file.
Recent activity
BitGo added 74 BTC to its corporate treasury in Q2 2026, bringing company-owned holdings to 2,523 BTC (fair value ~$147.7M) as of June 30, 2026, up from ~2,369 BTC around its January 22, 2026 NYSE IPO ($18/share, ~$212.8M raised, ~$2.08B valuation). It also authorized a $50M share repurchase program in August 2026.
Risk notes
Shares have fallen ~62% from the $18 IPO price to ~$6.86; Q2 revenue of $4.33B (up 79.6% YoY) is dominated by low-margin activity (gross profit only $42.5M) and the company still posted a $17.4M operating loss. Balance sheet is clean — $159M cash and no corporate-level debt — and its 2,523 BTC treasury is small relative to the $104B+ in client assets on platform.
Sources
- https://www.sec.gov/Archives/edgar/data/0001740604/000174060426000048/btgo-exhibit991_2026xq2.htm
- https://www.businesswire.com/news/home/20260812000804/en/BitGo-Announces-Second-Quarter-2026-Financial-Results
- https://cryptobriefing.com/bitgo-holdings-bitcoin-treasury-2523-btc/
- https://www.theblock.co/news/business/2026-08-12-bitgo-sees-revenue-jump-q2-411664
- https://www.businesswire.com/news/home/20260121850585/en/BitGo-Holdings-Announces-Pricing-of-Initial-Public-Offering
- https://stockanalysis.com/stocks/BTGO/
- https://bitcointreasuries.net/
Figures are compiled from public disclosures and may lag. This page is information, not investment advice or a recommendation regarding BTGO securities.