BitGo revenue falls 51% in Q3 as trading slows; net income rises on treasury gains
Judul dari The Block
Poin penting
- Digital asset firm BitGo experienced a 51% drop in revenue during the third quarter, driven primarily by a persistent slowdown in cryptocurrency trading activity.
- Additionally, the company saw a higher proportion of lower-margin stablecoin transactions.
- Despite the sharp decrease in quarterly revenue, BitGo reported an increase in net income due to gains from its treasury holdings.
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- The BlockBitGo revenue falls 51% in Q3 as trading slows; net income rises on treasury gains · 59 menit yang laluBaca di The Block
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