BitGo posts wider Q1 loss despite revenue more than doubling

BitGo’s headline revenue figure doubled year-over-year to $3.8 billion, but a Bitcoin price decline and IPO-related costs pushed net losses to $60.7 million in the first quarter.
Source: BitGo posts wider Q1 loss despite revenue more than doubling (https://cointelegraph.com/news/bitgo-posts-38b-in-revenue-but-losses-double-amid-bitcoin-decline-ipo-costs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)