BitGo IPO: Crypto Giant Goes Public
Update: 2025-09-20
Description
Crypto giant BitGo is going public! Their S-1 filing reveals a massive revenue surge to $4.19 billion, but profits dipped due to rising costs. Managing $90 billion in crypto assets, mainly Bitcoin and Ethereum, BitGo's IPO aims to fuel tech investments and acquisitions. But beware: CEO Mike Belshe retains control with super-voting shares, even as BitGo joins the wave of crypto firms eyeing Wall Street.
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