BTGO (NYSE:BTGO) Releases Earnings Results

BTGO (NYSE:BTGO) announced its quarterly earnings data on Thursday. The company reported ($1.03) earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $6.16 billion for the quarter, compared to analysts’ expectations of $6.11 billion.

Here are the key takeaways from BTGO’s conference call:

• BitGo reported 424% full‑year revenue growth to $16.2 billion, driven primarily by digital asset sales, higher subscriptions and services, and the launch of Stablecoin‑as‑a‑Service.
• Client and usage metrics expanded meaningfully: clients grew 104% to 5,322, users rose to 1.2 million, and price‑normalized assets on platform increased ~16% year‑over‑year (BTC units +8%).
• The new Stablecoin‑as‑a‑Service scaled quickly (assets under management exceeded $5 billion) and secured partners such as SoFi, creating a durable, recurring revenue stream.
• Profitability is under pressure: BitGo posted a Q4 net loss of $50 million and a full‑year net loss of $14.8 million, largely from unrealized losses on its digital‑asset treasury and sharply lower staking revenue (assets staked down ~51% YoY).
• Regulatory and product catalysts may boost growth — BitGo secured an OCC national bank charter, is expanding international licenses, and launched derivatives (≈$3 billion notional traded so far), which management expects to meaningfully expand trading revenue and margins.

BTGO Price Performance

Shares of NYSE:BTGO opened at $7.69 on Friday. The stock’s fifty day moving average is $10.86. BTGO has a fifty-two week low of $7.60 and a fifty-two week high of $24.50.

Insider Activity at BTGO

In related news, CRO Chen Fang sold 250,000 shares of the firm’s stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $16.74, for a total value of $4,185,000.00. Following the completion of the transaction, the executive directly owned 1,233,491 shares of the company’s stock, valued at approximately $20,648,639.34. This trade represents a 16.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Jody Mettler sold 25,000 shares of the business’s stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $16.74, for a total transaction of $418,500.00. Following the completion of the sale, the chief operating officer owned 25,000 shares in the company, valued at $418,500. This represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 436,007 shares of company stock valued at $7,298,757.

BTGO News Roundup

Here are the key news stories impacting BTGO this week:

• Positive Sentiment: BitGo announced a partnership with zkSync to build a tokenized deposit platform for banks — a product initiative that could expand addressable market and revenue diversification if adoption and regulatory testing proceed as planned. BitGo (BTGO) Partners with ZKsync to Launch Tokenized Deposit Platform for Banks
• Positive Sentiment: BitGo reported a strong Q4 with revenue jumping substantially (reported as a >400% increase in some coverage) and beat expectations; the company also highlighted its new status as a federally chartered digital asset infrastructure firm — facts that support longer‑term growth thesis. BitGo Holdings Announces Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: Several sell‑side firms continue to carry buy/overweight ratings with mid‑teens price targets (Canaccord, Rosenblatt, Wedbush, Cantor Fitzgerald reaffirmed/maintained bullish views), indicating some analysts still see multi‑quarter upside despite near‑term volatility. BitGo Holdings Analysts Cut Their Forecasts After Q4 Results
• Negative Sentiment: Multiple analysts lowered forecasts and trimmed price targets after the Q4 release; notably Goldman Sachs cut its target and moved to a neutral rating — those downgrades and lowered targets helped trigger selling pressure despite the beat. BitGo Holdings Analysts Cut Their Forecasts After Q4 Results

Analyst Ratings Changes

BTGO has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft assumed coverage on shares of BTGO in a research note on Tuesday, February 17th. They set a “buy” rating and a $17.00 target price on the stock. Clear Str raised BTGO to a “strong-buy” rating in a report on Tuesday, February 17th. Citigroup lowered their price objective on BTGO from $18.00 to $17.00 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. Craig Hallum began coverage on BTGO in a research note on Tuesday, February 17th. They issued a “buy” rating and a $18.00 price objective for the company. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a $15.00 target price on shares of BTGO in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $15.59.

About BTGO

BitGo Holdings Inc is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins and settlement services from regulated cold storage. BitGo Holdings Inc is based in NEW YORK.