CryptoSlate August 30, 2026

Wall Street’s favorite Bitcoin broker just walked away from institutional trading to chase gigawatts of power

Wall Street’s favorite Bitcoin broker just walked away from institutional trading to chase gigawatts of power

BitGo is paying roughly $42.5 million upfront for institutional trading capabilities as NYDIG prioritizes a claimed 3+ GW power-and-compute footprint, leaving profitability unproven on both sides.

The post Wall Street’s favorite Bitcoin broker just walked away from institutional trading to chase gigawatts of power appeared first on CryptoSlate.

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