The Law Offices of Frank R. Cruz announces an investigation of BitGo Holdings, Inc. (“BitGo” or the “Company”) (NYSE: BTGO) on behalf of investors concerning the Company’s possible violations of federal securities laws.

What Is The Investigation About?
On January 22, 2026, BitGo conducted its initial public offering (“IPO”), selling 11,821,595 shares of Class A common stock at $18.00 per share.

On March 26, 2026, BitGo released its fourth quarter and full year 2025 financial results, reporting a net loss of $14.8 million for 2025, compared to $156.6 million in net income for 2024 and a quarterly margin of 0.21% in its Digital Asset Sales segment, compared to a quarterly margin of 0.47% in the prior year citing “declines in digital asset prices impacting the Company’s Bitcoin treasury.” The Company also declined to provide guidance for the first quarter of 2026, instead stating that revenue streams faced “a direct impact” from a “challenging” macroeconomic environment.

On this news, BitGo’s stock price fell $1.43, or 15.7%, to close at $7.67 per share on March 27, 2026, thereby injuring investors.

Then, on May 13, 2026, BitGo released its first quarter 2026 financial results, reporting a net loss of $60.7 million, compared to a net loss of $25.7 million in the same quarter one year earlier, stating that the poor results “reflect[ed] weaker market conditions, approximately $3.0 million of one-time legal and professional costs associated with the IPO and other strategic initiatives, and continued investment in product, platform, and go-to-market capabilities.”

On this news, BitGo’s stock price fell $2.05, or 17.2%, to close at $9.86 per share on May 14, 2026, thereby injuring investors further.