【Market Brief】BitGo’s Q3 revenue halves, while net income jumps 94%
Digital asset custodian BitGo’s Q3 earnings report was a tale of two extremes: revenue was $2.852 billion, down 50.9% year over year and 34.1% quarter over quarter; net income, however, rose 94.4% to $44.1 million, helped by $71.5 million in unrealized treasury gains. Adjusted EBITDA posted a loss of $4.3 million, compared with a profit of $13.5 million in the same period last year. Are you bullish on these results?
$BTC $ETH $BNB
#比特币 #BitGo #Earnings
(Source: Wu Shuo Blockchain)
⚠️Risk warning: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risks; please exercise caution when entering the market.
Digital asset custodian BitGo’s Q3 earnings report was a tale of two extremes: revenue was $2.852 billion, down 50.9% year over year and 34.1% quarter over quarter; net income, however, rose 94.4% to $44.1 million, helped by $71.5 million in unrealized treasury gains. Adjusted EBITDA posted a loss of $4.3 million, compared with a profit of $13.5 million in the same period last year. Are you bullish on these results?
$BTC $ETH $BNB
#比特币 #BitGo #Earnings
(Source: Wu Shuo Blockchain)
⚠️Risk warning: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risks; please exercise caution when entering the market.
