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BitGo Returns to Profit on Crypto Gains as Revenue Halves

The Defiant ·

Platform clients rose 33.1% year over year, but revenue after direct costs fell 32.1%.

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First reported by Cointelegraph at · 2 outlets in all

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  1. The DefiantBitGo Returns to Profit on Crypto Gains as Revenue HalvesPlatform clients rose 33.1% year over year, but revenue after direct costs fell 32.1%.
  2. CointelegraphBitGo Q3 profit nearly doubles on crypto gains as revenue falls 51%BitGo’s $71 million unrealized gain on its crypto holdings helped nearly double its net income, but revenue and earnings came in below preliminary analyst expectations.