BTGO on NYSE

BITGO HOLDINGS, INC.

BITGO HOLDINGS, INC. is an American finance services company that raised $23 million in 2024 (SEC Form D).1 It is headquartered in Sioux Falls, South Dakota.1 Its shares trade on NYSE under the symbol BTGO.1

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Last updated Oct 21, 2026.

Overview

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  • TickerBTGO on NYSE1
  • IndustryFinance Services1
  • HeadquartersSioux Falls, South Dakota1
  • Incorporated inDE2
  • Business address101 S. Reid Street, Suite 307, Pmb# 9793, Sioux Falls, Sd 571032
  • Filer categoryNon-accelerated filer2
  • Legal formCorporation

We aim to be the digital asset infrastructure company of choice, allowing our institutional clients to safely secure, manage, utilize, and create digital assets through our holistic technology platform.4 From its latest annual report

Corporate structure

BITGO HOLDINGS, INC. sits at the top of its group. 3 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of BITGO HOLDINGS, INC.

  • BITGO HOLDINGS, INC. Sioux Falls, South Dakota
    • BitGo Europe LTD Subsidiary · United Kingdom
    • BitGo Hong Kong Ltd Subsidiary · Hong Kong

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What BITGO HOLDINGS, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Properties, in its own words

We are headquartered in Sioux Falls. South Dakota, where we occupy approximately 5,250 square feet of office space pursuant to a lease that is expected to expire in February 2028, subject to the terms thereof. We also lease additional offices in Palo Alto, California, San Francisco, California, New York, New York, Toronto, Canada, Berlin, Germany, Bangalore and Gurgaon, India, Seoul, South Korea, Dubai, United Arab Emirates, and Singapore. We believe that our existing offices are adequate to meet our current needs and that, if required, suitable additional or alternative space will be available to accommodate our operations.

Item 2 of the 10-K filed Mar 27, 2026.4

Leadership

Who has led BITGO HOLDINGS, INC., and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Edward Reginelli2026–now

Chief operating officer

  1. Jody Mettler2026–now
Board members and other officers (4)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive Officer, DirectorChen A. Fang named May 13, 2024 to Jan 10, 202513
  • Executive OfficerKrishna A. Juvvadi named May 13, 2024 to Jan 10, 202513
  • Executive Officer, DirectorMichael A. Belshe named Oct 20, 2022 to Jan 10, 202513
  • DirectorBrian A. Murray named Oct 20, 2022 to Jan 10, 202513
  • DirectorJeff A. Brody named Oct 20, 2022 to Jan 10, 202513
  • DirectorMatthew A. Cowan named Oct 20, 2022 to Jan 10, 202513
  • DirectorStratton A. Sclavos named Oct 20, 2022 to Jan 10, 202513

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • BitGo Europe LTD United Kingdom3
  • BitGo Hong Kong Ltd Hong Kong3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Sep 25, 20268-K Executive or director change14
  2. Aug 28, 20268-K Entered a material agreement; Regulation FD disclosure15
  3. Aug 12, 20268-K Results of operations; Executive or director change16
  4. Jun 25, 20268-K Regulation FD disclosure17
  5. Jun 22, 20268-K Executive or director change18
  6. Jun 17, 20268-K Other events19
  7. May 13, 20268-K Results of operations20
  8. Apr 6, 20268-K Change of auditor21
  9. Mar 26, 20268-K Results of operations22
  10. Mar 23, 20268-K Executive or director change23
  11. Jan 23, 20268-K Bylaws or fiscal year changed24

Calendar

Coming up

  1. Nov 11, 2026Reports results for the quarter ending Sep/202625

When it reported results

  1. Aug 12, 2026Reported quarterly or annual results16
  2. May 13, 2026Reported quarterly or annual results20
  3. Mar 26, 2026Reported quarterly or annual results22

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

96 filings to the SEC since October 2021: 1 annual reports, 2 quarterly reports, 11 major events, 55 insider forms, 3 large holders, 5 private raises, 19 other. The latest 20:

  1. Oct 13, 20264 EDGAR
  2. Oct 13, 20264 EDGAR
  3. Oct 9, 20264 EDGAR
  4. Oct 2, 20263 EDGAR
  5. Sep 25, 20268-K EDGAR
  6. Sep 23, 20263 EDGAR
  7. Sep 18, 20264 EDGAR
  8. Sep 9, 20264 EDGAR
  9. Sep 9, 20264 EDGAR
  10. Sep 9, 20264 EDGAR
  11. Sep 2, 2026SCHEDULE 13G EDGAR
  12. Aug 28, 20268-K EDGAR
  13. Aug 12, 202610-Q EDGAR
  14. Aug 12, 20268-K EDGAR
  15. Aug 11, 20264 EDGAR
  16. Aug 11, 20264 EDGAR
  17. Aug 11, 20264 EDGAR
  18. Jul 28, 20264 EDGAR
  19. Jul 28, 20264 EDGAR
  20. Jul 28, 20264 EDGAR

The 96 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

13 open-market trades by officers, directors and large owners since October 2021: 0 buys and 13 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 7, 2026Fang ChenChief Revenue OfficerSale234$5.02$1.2KForm 4
Aug 7, 2026Reginelli EdwardChief Financial OfficerSale91$5.02$457Form 4
Aug 7, 2026Mettler JodyChief Operating OfficerSale97$5.02$487Form 4
Jul 24, 2026Reginelli EdwardChief Financial OfficerSale9,021$4.89$44.1KForm 4
Jul 24, 2026Belshe MichaelCEO, President, CTOSale38,691$4.89$189.2KForm 4
Jul 8, 2026Reginelli EdwardChief Financial OfficerSale94$4.97$467Form 4
Jul 8, 2026Mettler JodyChief Operating OfficerSale66$4.97$328Form 4
Jun 11, 2026Reginelli EdwardChief Financial OfficerSale91$5.12$466Form 4
Jun 11, 2026Mettler JodyChief Operating OfficerSale79$5.12$404Form 4
Jan 23, 2026Fang ChenChief Revenue OfficerSale250,000$16.74$4.2MForm 4
Jan 23, 2026Reginelli EdwardChief Financial OfficerSale45,000$16.74$753.3KForm 4
Jan 23, 2026Horowitz Jeff PeterChief Compliance OfficerSale116,007$16.74$1.9MForm 4
Jan 23, 2026Mettler JodyChief Operating OfficerSale25,000$16.74$418.5KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$23.0M 2022–2024
Money received by yearMoney received by year, 2022–2024: $23.0M in all. Private raises (Form D) $23.0M.$0$10M$20M$30M2022 · Private raises (Form D): $420.0K20222023 · Private raises (Form D): $2.2M20232024 · Private raises (Form D): $20.3M2024
Figures by year
YearPrivate raises (Form D)Total
2024$20.3M$20.3M
2023$2.2M$2.2M
2022$420.0K$420.0K

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Dec 29, 2024Raised $6.3 million in a private offering of securities13 Form D: 2 investors so far Form D
  2. Oct 30, 2024Raised $1.8 million in a private offering of securities29 Form D: 5 investors so far Form D
  3. Apr 17, 2024Raised $12.2 million in a private offering of securities30 Form D: 10 investors so far Form D
  4. Dec 20, 2023Raised $2.2 million in a private offering of securities31 Form D: 1 investor so far Form D
  5. Oct 6, 2022Raised $420,000 in a private offering of equity32 Form D: 1 investor so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 67. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Valor Management LLC12,538,608$64.9M0.1%No change
Redpoint Management, LLC10,752,948$55.7M27.3%No change
Crcm LP2,624,342$13.6M4.5%New
DRW Securities, LLC2,063,865$10.7M0.6%New
Tidal Investments LLC1,993,619$10.3M0.0%+844,715
Geode Capital Management, LLC455,793$9.0M0.0%+121,230
Jump Financial, LLC1,568,657$8.1M0.1%No change
VY Capital Management Co. Ltd.1,332,714$6.9M0.0%New
Millennium Management LLC744,483$3.9M0.0%+668,563
a16z Capital Management, L.L.C.666,356$3.5M0.0%No change
Renaissance Technologies LLC619,735$3.2M0.0%New
Alpine Global Management, LLC612,256$3.2M0.5%+122,914
ParaFi Capital LP374,400$1.9M0.7%New
BlackRock, Inc.347,651$1.8M0.0%−5,625
Intesa Sanpaolo S.p.A.323,000$1.7M0.1%+157,400
State Street Corp232,020$1.2M0.0%+198,020
Norges Bank228,398$1.2M0.0%New
UBS Group AG225,607$1.2M0.0%+100,324
Bain Capital Venture Investors, LLC203,223$1.1M0.8%No change
Two Sigma Investments, LP196,594$1.0M0.0%+180,889
Susquehanna International Group, Llp195,797$1.0M0.0%+134,418
Pantera Capital Partners LP181,064$937.9K0.9%−3,134,177
Cerity Partners LLC151,167$783.0K0.0%New
Vanguard Capital Management LLC131,447$680.9K0.0%−34,041
Morgan Stanley110,747$573.7K0.0%+74,061

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How BITGO HOLDINGS, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBITGO HOLDINGS, INC.1
  • CIK0001740604
  • Employer ID (EIN)82-39984901
  • Filer statusNon-accelerated filer1
  • Incorporated inDelaware1
  • Fiscal year endsJanuary 231
  • Industry code (SIC)6199 Finance Services1
  • SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
  • Business address101 S. Reid Street, Suite 307, Pmb# 9793, Sioux Falls, SD 571031
  • Phone(650) 847-00091
  • On EDGAR sinceMay 21, 20181
  • Filings154 in all: 425 (62), 4 (38), 3 (16), 8-K (11), D (8), S-1/A (4), SCHEDULE 13G (3), 10-Q (2)1
    All 18 form types

    10-K (1), 4/A (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), DRS/A (1), EFFECT (1), S-1 (1), S-8 (1)

  • Latest filingsAnnual report (10-K) Mar 27, 2026
    Quarterly report (10-Q) Aug 12, 2026
    Latest 8-K (8-K) Sep 25, 2026

Risk factors and legal proceedings

The risks BITGO HOLDINGS, INC. names in Item 1A of its 10-K filed Mar 27, 2026: 74 risks under these headings, as written.4

  • Risks Related to Our Business, Operations and Financial Position
  • Our operating results have and are expected to continue to significantly fluctuate, including due to the highly volatile nature of digital assets.
  • Transferring digital assets using our platform involves risks, which could result in loss of client assets, client disputes and other liabilities.
  • From time to time, we may encounter technical issues in connection with the integration of supported digital assets and changes and upgrades to their underlying networks.
  • Digital assets have been in the past, and may continue to be, a politically charged topic, which could lead to volatility or loss of business.
  • Our perceived or actual affiliations with prominent political leaders or governmental entities could expose us to reputational, regulatory, and operational risks.
  • We currently support, and expect to continue to support, certain smart contract-based digital assets. If the underlying smart contracts for these digital assets do not operate as expected, they could lose value and our business could be adversely affected.
  • The theft, loss, or destruction of private keys required to access any digital assets held in custody for our own account or for our clients may be irreversible and our insurance may not be sufficient to protect us or our clients from losses.
  • We may be unable to securely store our or our clients’ assets.
  • The future development and growth of digital assets is subject to a variety of factors that are difficult to predict and evaluate, and they may not achieve future acceptance, grow or develop as expected.
  • We provide staking, delegating, and related services to our clients, which expose us to additional risks.
  • We provide off-exchange settlement services, acting as custodian and settlement facilitator for digital asset transactions executed on third-party exchanges, which exposes us to heightened operational, regulatory and counterparty risks.
The other 63 risks
  • We may make, or otherwise be subject to, trade errors in executing client transactions or managing our own trading activities.
  • We engage in lending activities involving digital assets, which expose us to certain risks, including borrower default, collateral volatility, liquidity constraints, and regulatory uncertainty.
  • Although we believe we are acting solely as a fiduciary custodian, claims that we provided investment advice or encouraged specific client actions could lead to legal and regulatory challenges.
  • We may be unable to keep pace with rapid industry changes to provide new and innovative products and services, which would cause a decline in the use of our products and services.
  • We may be unsuccessful in our efforts to develop, maintain, and enhance our brand and reputation due to negative publicity, unfamiliarity or other reasons.
  • We track certain Key Business Metrics, such as Number of Clients and Number of Users, which are subject to real or perceived inaccuracies as well as inherent challenges in measurement.
  • Disputes with our clients could adversely affect our brand, reputation, business, operating results, regulatory status and financial condition.
  • Acquisitions and investments that we make could require significant management attention, disrupt our business, expose us to potential regulatory risks or result in dilution to our stockholders.
  • We may fail to compete effectively against a growing number of decentralized and noncustodial platforms.
  • We may be unable to compete effectively as we operate in a highly competitive industry that includes unregulated or less regulated companies and companies with greater financial and other resources.
  • Due to our limited operating history, it may be difficult to evaluate our business and future prospects, and we may not be able to achieve or maintain profitability or growth in any given period.
  • Dependence on a relatively concentrated number of digital assets could expose us to significant revenue and operational risks.
  • We may fail or be unable to retain existing clients, add new clients, or prevent our clients from decreasing their level of engagement with our products, services and platform.
  • Our operating expenses may increase in the future and we may not be successful in increasing our revenue to sufficiently offset these higher expenses, which could impact our ability to achieve profitability or positive cash flow from operations on a consistent basis.
  • Our strategy and focus on delivering high-quality, compliant, easy-to-use and secure digital asset-related financial services may not maximize short-term or medium-term financial results.
  • Because our long-term success depends, in part, on our ability to expand our sales to clients outside the United States, our business is susceptible to risks associated with international operations.
  • Failure to keep pace with new blockchain protocols or staking innovations could lead to loss of key clients.
  • Our intellectual property rights are valuable, and intellectual property disputes or technological obsolescence could adversely affect our business, operating results, our competitive position and financial condition.
  • We may be sued by third parties for alleged infringement of their proprietary rights.
  • Clients using our self-custody wallets may blame us for losses due to their own security breaches, leading to disputes and reputational harm.
  • Client misuse or inadequate education about our services could lead to losses and disputes.
  • Our increasing engagement with retail clients, directly or indirectly, could expose us to heightened risks of fraud, regulatory non-compliance and operational challenges.
  • Failure to comply with anti-bribery and anti-corruption laws could subject us to penalties and other adverse consequences.
  • Our services to government clients expose us to business volatility and risks, including government budgeting cycles and appropriations, early termination, audits, investigations, sanctions and penalties.
  • Risks Related to Our Bitcoin Treasury Strategy
  • Our Bitcoin treasury strategy contains various risks, including those inherent to Bitcoin and the broader digital asset ecosystem.
  • Bitcoin is a highly volatile asset, and fluctuations in the price of Bitcoin have in the past influenced, and are likely to continue to influence, our financial results.
  • The concentration of our Bitcoin holdings enhances the risks inherent in our Bitcoin treasury strategy.
  • Risks Related to Third Parties
  • We currently rely on third-party service providers for certain aspects of our operations, and any interruptions in services provided by these third parties may impair our ability to support our clients.
  • We route orders through third-party trading venues in connection with our BitGo Prime trading service. The loss or failure of any such trading venues may adversely affect our business.
  • Our current and future services may be dependent on payment networks and acquiring processors, and any changes to their rules or practices could adversely impact our business.
  • We may not be able to maintain one or more critical banking or insurance relationships.
  • We may be unsuccessful in establishing or maintaining strategic relationships with third parties or these third parties may fail to deliver certain operational services.
  • We rely on third-party cryptographic algorithms and blockchain protocols, which may contain vulnerabilities, errors or flaws, or experience blockchain forks.
  • Our platform contains third-party open source software components, and failure to comply with the terms of the underlying open source software licenses could harm our business.
  • We use generative artificial intelligence (“AI”) tools to augment internal productivity and failure to comply with AI provider terms and the Company’s internal guidelines for the use of these tools or using such tools under non-enterprise terms could harm our business.
  • Perceived affiliations with controversial partners in WBTC operations could harm our reputation.
  • Multi-jurisdictional custody changes for WBTC could introduce operational and regulatory risks.
  • Risks Related to Our Employees
  • The loss of one or more of our key personnel, or our failure to attract and retain other highly qualified personnel in the future, could adversely affect our business, operating results and financial condition.
  • Our working model, which allows a subset of our employees to work remotely, subjects us to heightened operational risks.
  • We may not be able to maintain our innovative culture.
  • We may be unable to prevent, or may have difficulty mitigating, employee or service provider misconduct or error.
  • Our officers, directors, employees or large stockholders may encounter potential conflicts of interests with respect to their positions or interests in certain digital assets, entities and other initiatives, which could adversely affect our business and reputation.
  • Risks Related to Industry-Specific Regulation and Public Policy
  • Policymakers are continuing to develop new rules applicable to the digital asset economy, resulting in an uncertain regulatory landscape that is subject to the potential for substantial change.
  • Regulatory uncertainty regarding our self-custody wallets could result in reclassification as a financial service, imposing new compliance burdens.
  • Many of the digital assets which we custody, or facilitate trading and lending in, are subject to regulatory authority by the SEC or the Commodity Futures Trading Commission (the “CFTC”). If certain digital assets or transactions in such digital assets are deemed to be securities, leveraged retail commodity transactions, commodity interests or security-based swaps, we could be subject to additional regulatory requirements, licenses and approvals, and potentially face regulatory enforcement actions, civil liability, and significant increased compliance and operational costs.
  • A particular digital asset, product or service’s status as a security in any relevant jurisdiction is subject to a high degree of uncertainty and if we are unable to properly characterize a digital asset or product offering, we may be subject to regulatory scrutiny, inquiries, investigations, fines, restrictions or other penalties.
  • If we fail to properly perform due diligence or assess the risks associated with accepting or adopting any digital asset, or fail to monitor already accepted or adopted digital assets, we may be subject to regulatory scrutiny, inquiries, investigations, fines, restrictions, and other penalties.
  • If the SEC alleges that our staking solutions involve unregistered offers and sales of securities or unregistered securities broker-dealer activity in violation of the Securities Act or the Exchange Act and the courts agree with the SEC, we may be required to cease our staking activities and may be subject to monetary and other penalties.
  • Regulatory changes or actions by the U.S. Congress or any U.S. federal or state agencies may affect our business or restrict the use of one or more digital assets or the operations of our digital asset trading and custody platforms in a manner that adversely affects our business.
  • The recently enacted Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025 (the “GENIUS Act”) creates a new federal regulatory framework for stablecoins in the United States, and its implementation could materially impact our stablecoin-related business, operations, and compliance obligations.
  • Regulatory changes or actions in foreign jurisdictions may restrict the use of one or more digital assets, staking activity, supported blockchain networks or the digital asset trading platform market in a manner that adversely affects our business.
  • Changes in regulation enabling self-custody by exchanges and other market participants could disrupt our third-party custody business model.
  • Our business requires obtaining and maintaining compliance with regulatory licenses and qualifications that may be costly and time-consuming to obtain and, if obtained, may subsequently be revoked.
  • Future developments regarding the treatment of digital assets for U.S. and foreign tax purposes could adversely impact our business.
  • We are subject to a complex framework of U.S. and non-U.S. laws, rules and regulations. The expansion of our global footprint may lead to heightened scrutiny by both U.S. and foreign regulatory and governmental bodies, potentially resulting in inquiries, investigations or enforcement actions.
  • Our platform may be exploited to facilitate illegal activity such as fraud, money laundering, sanctions violations, illicit gambling, market manipulation, tax evasion and scams.
  • We are, and may continue to be, subject to litigation, including individual and class action lawsuits, as well as investigations and enforcement actions by regulators and governmental authorities that are often expensive and time consuming.
  • Failures or vulnerabilities in DeFi protocols we support or integrate with could lead to client losses and regulatory challenges.
  • Vulnerabilities in cross-chain bridges or interoperability protocols could result in asset losses and operational disruptions.
  • Risks Related to Stablecoins
  • Rapid redemption requests on stablecoins we custody, particularly during market shocks or banking disruptions, could harm our operations.
  • Instability in other stablecoins could reduce trust in the stablecoins we custody, leading to operational and reputational challenges.
  • The adoption of central bank digital currencies (“CBDC”) could diminish demand for stablecoins, reducing our custody and related service revenues.
  • The GENIUS Act amends the U.S. federal securities laws to explicitly exclude from the definition of “security” payment stablecoins issued by PPSIs.

Legal proceedings

The information required to be set forth under this Item 3 is incorporated by reference to Note 13 — Commitments and Contingencies — Litigation in the notes to the Consolidated Financial Statements included in Part II, Item 8 of this Annual Report on Form 10-K.

The opening of Item 3, Legal Proceedings.4

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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