Overview

A class action lawsuit has been filed against BitGo Holdings, Inc. (“BitGo” or the “Company”) (NYSE : BTGO), and certain of the Company’s officers and directors (collectively, “Defendants”), alleging violations of the federal securities laws. The BitGo lawsuit is brought on behalf of all persons and entities who purchased or otherwise acquired BitGo securities between January 19, 2026, and May 13, 2026, inclusive (the “Class Period”). Investors have until August 7, 2026, to seek appointment as lead plaintiff of the BitGo class action lawsuit.

BitGo is a digital asset infrastructure company that provides custody, trading, staking, and related services for digital assets. The Company operates a platform that enables institutional customers to store, trade, and stake cryptocurrencies and other digital assets.

According to the complaint, the offering documents issued in connection with the Company’s Initial Public Offering (“IPO”), as well as subsequent public statements, assured investors that BitGo’s business fundamentals remained strong despite volatility in digital asset markets. The Company further emphasized its expanding client base, increasing trading activity, and growing role as a trusted provider of digital asset infrastructure.

The complaint alleges that these statements were materially false and misleading because BitGo understated the scope and severity of the risks posed by declining digital asset prices to its business, operations, and financial performance.

The truth began to emerge on March 26, 2026, when BitGo reported fourth-quarter and full-year 2025 financial results. The Company disclosed a net loss of $14.8 million for 2025, compared to net income of $156.6 million in the prior year, and reported a significant decline in margins within its Digital Asset Sales segment. BitGo also attributed weaker performance in several business lines to declining digital asset prices and declined to provide explicit first-quarter 2026 guidance, citing challenging market conditions and continued pressure on cryptocurrency prices. On this news, BitGo’s stock price fell nearly 16%, declining from $9.10 per share on March 26, 2026, to close at $7.67 per share on March 27, 2026.

Then, on May 13, 2026, BitGo reported first-quarter 2026 financial results. The Company disclosed that total revenue had declined nearly 39% sequentially and reported a net loss of $60.7 million. BitGo attributed the results to weaker cryptocurrency market conditions, lower digital asset sales revenue, and continued pressure on its business stemming from declining digital asset prices. Following these disclosures, BitGo’s stock price fell more than 17%, closing at $9.86 per share on May 14, 2026.

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If you purchased or otherwise acquired BitGo securities between January 19, 2026, and May 13, 2026, and you wish to serve as lead plaintiff in this lawsuit, you are encouraged to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt attorneys Brian O’Mara and Hani Farah by calling (888) 287-9005 or at investors@dicellolevitt.com. 

The deadline to apply to the Court to serve as a lead plaintiff in the BitGo class action lawsuit is August 7, 2026.