[BitGo Q1 Total Revenue Reaches $3.8 Billion, Up 112.6% Year-on-Year, Net Loss of $60.7 Million] According to official reports, digital asset infrastructure company BitGo has released its Q1 financial results. Data shows that the company's total revenue for the quarter was $3.8 billion, a year-on-year increase of 112.6%, but a quarter-on-quarter decrease of 38.7%. The net loss was $60.7 million, compared to a net loss of $25.7 million in the same period last year. Adjusted EBITDA recorded a loss of $1.7 million, compared to a profit of $3.9 million in the same period last year. Basic and diluted loss per share was $0.62, compared to $0.69 in the same period last year. As of March 31, the company held $186.6 million in cash and cash equivalents, and its digital asset treasury included 2,449 Bitcoins, with a fair value of approximately $167.1 million.