[BitGo's Q3 Net Revenue Reaches $44.1 Million, Total Revenue Down 50.9% Year-over-Year] According to Business Wire, digital asset infrastructure company BitGo released its latest financial report, showing net revenue of $44.1 million in the third quarter of 2026, primarily driven by the appreciation of its digital asset treasury, compared to a net loss of $19 million in the previous quarter. Adjusted EBITDA loss was $4.3 million. Total revenue was $2.85 billion, a 50.9% year-over-year decrease, mainly due to reduced digital asset sales activity resulting from a weak crypto trading environment. As of September 30, platform assets totaled $59.9 billion, and staked assets totaled $10.5 billion; adjusted for uniform prices, platform assets and staked assets increased by 32% and 41% year-over-year, respectively. BitGo completed the acquisition of NYDIG's institutional trading business during the quarter and expanded its OKX OTC settlement integration. The company also repurchased $24.7 million of its common stock.