Bitgo posted $4.33B in Q2 revenue, up 79.6% year over year, but $4.29B in direct costs left digital asset sales with just $7.1M in gross…

Rickler Feed (@rickler_feed), Aug 16, 2026, 08:48 UTC

Bitgo posted $4.33B in Q2 revenue, up 79.6% year over year, but $4.29B in direct costs left digital asset sales with just $7.1M in gross margin and a $19M net loss. Stablecoin-as-a-Service revenue rose 148% to $38.8M. Normalized platform assets hit $65.2B, up 31%. Staked assets reached $11.9B. The scale is growing. The margin story is not there yet.

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