CryptoSlate August 13, 2026

BitGo made $4.3 billion in revenue last quarter, but direct costs swallowed 99.8% of it

BitGo made $4.3 billion in revenue last quarter, but direct costs swallowed 99.8% of it

Direct costs absorbed 99.83% of segment revenue while adjusted EBITDA stayed negative and management targeted $15 million in savings.

The post BitGo made $4.3 billion in revenue last quarter, but direct costs swallowed 99.8% of it appeared first on CryptoSlate.

You might also like

A week of AI coding cut a quantum-safe bitcoin tr…
Sep 24, 2026 Read
Bitcoin’s ‘last resort’ quantum-safe solution jus…
Sep 24, 2026 Read
US weighs overseas push for dollar-backed stablec…
Sep 24, 2026 Read
Galaxy adds $100M Sky token and institutional ado…
Sep 24, 2026 Read