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BitGo Q2 revenue rises to $4.329 billion, net loss $19 million

Source: x.com
BitGo announced its second quarterly earnings report since going public. The report shows that BitGo's total revenue for the second quarter increased 79.6% year-over-year to $4.329 billion, up 14.7% quarter-over-quarter; the number of customers increased to 5,833, up 26.2% year-over-year. However, the company recorded a net loss of $19 million for the quarter, with an Adjusted EBITDA loss of $4.2 million, and has not yet achieved profitability.

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