BitGo’s $71 million unrealized gain on its crypto holdings helped nearly double its net income, but revenue and earnings came in below preliminary analyst expectations.
BitGo Q3 profit nearly doubles on crypto gains as revenue falls 51%
CO
CointelegraphBy Cointelegraph by Zoltan Vardai
EXECUTIVE SUMMARY
BitGo’s $71 million unrealized gain on its crypto holdings helped nearly double its net income, but revenue and earnings came in below preliminary analyst expectations.
Key Takeaways
- BitGo Q3 profit nearly doubles on crypto gains as revenue falls 51%.
- BitGo’s $71 million unrealized gain on its crypto holdings helped nearly double its net income, but revenue and earnings came in below preliminary analyst expectations.
- BitGo’s $71 million unrealized gain on its crypto holdings helped nearly double its net income, but revenue and earnings came in below preliminary analyst expectations.
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Published originally on Cointelegraph
