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BitGo Holdings, Inc. (BTGO)

USD5.17 -0.01 (-0.19%)
US NYSE Financial Services Financial - Capital Markets
Address 2443 Ash Street 94306
Palo Alto, CA, US
CEO Michael A. Belshe
Website bitgo.com
IPO 2026-01-21
CIK 1740604 ISIN US0919471013

Explore sections of this company profile

Description

BitGo Holdings, Inc. functions as a pivotal infrastructure provider within the digital asset space. Its advanced technological platform enables institutional clients to securely handle, manage, leverage, and originate digital assets. Through this platform, BitGo delivers a suite of services, including self-custody solutions, regulated qualified custody, liquidity and prime brokerage functionalities, and infrastructure-as-a-service (IaaS). These offerings are designed for investors, developers, and other participants throughout the digital asset ecosystem. The company's broad clientele encompasses crypto-native businesses utilizing its self-custody technology, traditional financial service providers, various digital asset firms, technology platforms, corporations, governmental bodies, and high-net-worth individuals. BitGo primarily operates across North America, Europe, and Asia, catering to institutional investors, trading desks, investment advisors, digital asset exchanges, and software developers. Founded in 2013, BitGo Holdings, Inc. is headquartered in Palo Alto, California.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD5.17 -0.01 (-0.19%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
2.03
Float Shares
22.40M
Free Float %
58.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.17% +5.21% +21.90% +10.69% -33.83% -33.83% -33.83% -33.83% -33.83% -33.83% -33.83%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (7 ratings, all time) Buy
Price Targets & DCF
Current price
5.17
Low 10.50 +103.1%
Consensus 15.17 +193.4%
Median 15.00 +190.1%
High 18.00 +248.2%
DCF (Unlevered) 29.36 +467.9%
DCF (Levered) 31.07 +501.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 83% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 10 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month
Last Quarter 12
15.25
+195.0%
Last Year 12
15.25
+195.0%
All Time 12
15.25
+195.0%
Quality scores
Altman Z-Score
3.12
Safe zone
Piotroski F-Score
5 / 9
Average
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
4 / 5
High
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (2.90) × ERP
WACC = 100% × Ke + 0% × Kd (167.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 29.36 Current price: 5.17
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2025
actual
Dec 2026
5 Rev. Ana.
4 EPS Ana.
Dec 2027
5 Rev. Ana.
4 EPS Ana.
Dec 2028
2 Rev. Ana.
3 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
16.15B
est: 198.38M (+8,042.1%)
223.45M
201.08M – 242.59M
+12.6% YoY
300.39M
270.31M – 326.12M
+34.4% YoY
393.57M
354.16M – 427.27M
+31.0% YoY
485.00M
436.43M – 526.53M
+23.2% YoY
EBITDA
-8.65M
est: -106.2K (-8,042.2%)
-119.7K
-129.9K – -107.7K
-12.6% YoY
-160.9K
-174.6K – -144.7K
-34.4% YoY
-210.7K
-228.8K – -189.6K
-31.0% YoY
-259.7K
-281.9K – -233.7K
-23.2% YoY
EBIT
-12.68M
est: -155.7K (-8,042.1%)
-175.4K
-190.4K – -157.8K
-12.6% YoY
-235.7K
-255.9K – -212.1K
-34.4% YoY
-308.8K
-335.3K – -277.9K
-31.0% YoY
-380.6K
-413.2K – -342.5K
-23.2% YoY
Net Income
-14.78M
est: -14.78M (+0.0%)
-4.40M
-11.35M – 2.43M
+70.3% YoY
33.07M
26.84M – 37.74M
+852.3% YoY
93.41M
18.84M – 125.48M
+182.4% YoY
75.52M
65.69M – 83.92M
-19.2% YoY
SGA
75.99M
est: 933.3K (+8,042.1%)
1.05M
946.0K – 1.14M
+12.6% YoY
1.41M
1.27M – 1.53M
+34.4% YoY
1.85M
1.67M – 2.01M
+31.0% YoY
2.28M
2.05M – 2.48M
+23.2% YoY
EPS
-0.13
est: -0.12 (-10.8%)
-0.04
-0.10 – 0.02
+70.1% YoY
0.28
0.23 – 0.33
+906.7% YoY
0.49
0.16 – 1.09
+72.9% YoY
0.65
0.57 – 0.73
+33.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-13 B- 2/5 5/5 1/5 1/5 4/5 1/5 2/5
2026-05-12 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-11 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-08 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-07 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-06 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-05 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-04 C 2/5 5/5 1/5 1/5 2/5 1/5 1/5
2026-05-01 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-28.82M
OE per share TTM
-0.29
Owner's Yield
-2.46%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
0.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 23 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Bitwise Bitcoin Standard Corporations ETF OWNB 1.76% 260.6K 0.85%
2 WisdomTree Blockchain UCITS ETF - USD Acc WBLK.MI 1.29% 622.1K 0.45%
3 Amplify Blockchain Technology ETF BLOK 0.88% 10.14M 0.70%
4 Fidelity Crypto Industry and Digital Payments ETF FDIG 0.63% 1.66M 0.39%
5 iShares Blockchain Technology UCITS ETF BLKC.AS 0.18% 507.1K 0.50%
6 iShares Blockchain and Tech ETF IBLC 0.18% 154.1K 0.47%
7 State Street SPDR S&P Kensho New Economies Composite ETF KOMP 0.03% 891.2K 0.20%
8 iShares Morningstar Small-Cap Growth ETF ISCG 0.02% 173.6K 0.06%
9 iShares U.S. Small-Cap Equity Factor ETF SMLF 0.01% 406.6K 0.15%
10 FlexShares Morningstar U.S. Market Factor Tilt Index Fund TILT 0.01% 130.9K 0.26%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
4.00
Bullish
Ratio by volume
1.39
Neutral
Buys
8
Sells
2
Shares acquired
196.8K
Shares disposed
141.6K
Cash buys
Cash sales
Net activity
+55,146
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-03-30 Reginelli Edward Officer A-Award A Class A Common Stock 5,833 0.00 544,833 D
2026-03-30 Mettler Jody Officer A-Award A Class A Common Stock 8,000 0.00 33,000 D
2026-03-30 Horowitz Jeff Peter Officer A-Award A Class A Common Stock 8,333 0.00 319,451 D
2026-03-30 Fang Chen Director / Officer A-Award A Stock Option (Right to Buy) 20,000 7.49 149.8K 20,000 D
2026-03-27 Redpoint Ventures V, L.P. 10% Owner Class A Common Stock 0 0.00 268,432 I
2026-03-23 Belshe Michael Director / Officer / 10% Owner F-InKind D Class A Common Stock 22,426 9.82 220.2K 858,355 D
2026-01-21 Belshe Michael Director / Officer / 10% Owner F-InKind D Class A Common Stock 119,219 18.00 2.15M 880,781 D

Executive team

Top executives
EBIT / Employee
-22.4K
Shares Outstanding
38.65M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-13 8-K
2026-05-05 3
2026-04-06 8-K
2026-04-01 4
2026-04-01 4
2026-04-01 4
2026-04-01 4
2026-03-27 10-K
2026-03-26 8-K
2026-03-25 4/A

Executive team

NameTitleCompensationGender
Chen Fang Chief Revenue Officer & Director 1M male
Jeffrey Peter Horowitz Chief Compliance Officer 533.7K male
Michael A. Belshe Co-Founder, President, CTO, CEO & Director 500.0K male
Edward Reginelli CFO & Treasurer 474.8K male
Jody Mettler Chief Operating Officer 446.2K female
J. Baylor Myers Vice President of Corporate Development
Chuck Thompson Chief Legal Officer
ESG Rating
B+
FINANCIAL - CAPITAL MARKETS
Rank: 13 out of 98
2026
E (Environmental)
58.7 / 59.1
Company / Sector avg.
S (Social)
90.4 / 74.1
Company / Sector avg.
G (Governance)
70.2 / 72.6
Company / Sector avg.
ESG Total
73.1 / 68.6
Company / Sector avg.
ESG Score History FINANCIAL - CAPITAL MARKETS
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits