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BitGo Holdings reports $44.1 million in Q3 net income

The Motley Fool +1 · ·by G4L

BTGO
BTGO BitGo Holdings Inc
$5.10 +4.94%
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  1. 1BitGo Holdings, Inc. recorded total revenue of $2,851.9 million in the third quarter.
  2. 2Total revenue for BitGo Holdings, Inc. saw a 50.9% decrease compared to the previous year.
  3. 3BitGo Holdings, Inc. generated $71.5 million in unrealized gains on its Bitcoin treasury assets.

So what's the key point?

BitGo Holdings, Inc. revenue decreased by 50.9% from last year. However, $71.5 million in profit was generated from Bitcoin assets.

Source The Motley Fool +1 · View original ↗

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