BITGO HOLDINGS, INC.
For the period ended Sep 30, 2026. Filed Nov 9, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 9, 2026
BTGO$4.27-16.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheet
Condensed Consolidated Balance Sheets
(in thousands, except share data)
| As of | ||
|---|---|---|
| September 30, 2026 | December 31, 2025 | |
| (unaudited) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $143,154 | $106,275 |
| Cash and cash equivalents segregated for the benefit of stablecoin holders - restricted | 4,416,647 | 3,313,527 |
| Accounts receivable, net of allowance for credit losses | 17,663 | 15,774 |
| Loan receivables, at amortized cost | 180,781 | 176,655 |
| Digital intangible assets loan receivables | 9,808 | 30,774 |
| Digital intangible assets, at fair value | 470,030 | 344,439 |
| Digital intangible assets collateral, at fair value | 312,933 | 260,358 |
| Deferred tax assets | 20,929 | 7,130 |
| Other current assets | 321,836 | 272,270 |
| Total current assets | 5,893,781 | 4,527,202 |
| Equipment and software, net | 15,226 | 13,180 |
| Operating lease right-of-use assets | 11,727 | 6,346 |
| Intangible assets, net | 11,949 | 1,226 |
| Goodwill | 43,715 | — |
| Other non-current assets | 1,297 | 713 |
| Total assets | $5,977,695 | $4,548,667 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $7,966 | $9,955 |
| Deferred revenue, current | 3,234 | 4,710 |
| Deposits from stablecoin holders | 4,416,647 | 3,313,527 |
| Borrowings | 187,978 | 118,848 |
| Borrowings of digital intangible assets | 198,952 | 233,687 |
| Obligations to return collateral | 448,223 | 400,132 |
| Deferred tax liability, current | 23,963 | 7,674 |
| Operating lease liabilities, current | 3,480 | 2,483 |
| Other current liabilities | 187,508 | 135,125 |
| Total current liabilities | 5,477,951 | 4,226,141 |
| Operating lease liabilities, non-current | 8,893 | 3,978 |
| Other non-current liabilities | 3,500 | — |
| Total liabilities | 5,490,344 | 4,230,119 |
| Commitments and contingencies (Note 15) | ||
| Stockholders’ equity: | ||
| Common stock A, $0.0001 par value - 3,000,000,000 and 139,950,076 shares authorized as of September 30, 2026 and December 31, 2025, respectively; 111,063,784 and 33,822,318 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively | 11 | 3 |
| Common stock B, $0.0001 par value - 300,000,000 and 140,000,000 shares authorized as of September 30, 2026 and December 31, 2025, respectively; 8,855,382 and 8,855,382 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively | 1 | 1 |
| Convertible preferred stock, $0.0001 par value - 200,000,000 and 68,965,833 shares authorized as of September 30, 2026 and December 31, 2025, respectively; nil and 60,778,788 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively | — | 222,480 |
| Non-controlling interest | 1,389 | 1,953 |
| Additional paid-in capital | 459,459 | 32,006 |
| Retained earnings | 26,491 | 62,105 |
| Total stockholders’ equity | 487,351 | 318,548 |
| Total liabilities and stockholders’ equity | $5,977,695 | $4,548,667 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.