Bitgo Holdings, Inc. announced a director or officer change
SEC 8-KRead source ↗
Bitgo Holdings, Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in January.
Stock price today
Loading chart…
Third-party market data · may be delayed
Model estimate per share
~$1.9
Forward price-to-earnings vs peers
Base case. Range ~$1.6–$2.4. Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings.
Price vs value
No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.
Bitgo Holdings, Inc. valuation: adjust assumptions and compare models →
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Insiders0 buying, 5 selling0 purchases and 13 sales by directors and officers, last 12 monthsInsider trades
- Funds47 adding, 27 cuttingOf 13 active managers that changed their stake, 6 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 50% in the quarter to 2026-06-30, the 2nd beat in the last four quarters.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
Nothing in Bitgo Holdings, Inc.'s latest figures clears our strength thresholds.
Things to watch
- Volatile shares. Over the past year the shares showed annualised volatility of 96% and a beta of 3.6 against the S&P 500.
- Short interest rising. Shares sold short rose 80% in a month to 5.1% of tradable shares.
- Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 31.8% over 90 days.
Latest results
- Earnings per share
- -$0.03 against an average estimate of -$0.07: beat by 49.8%
- Share reaction
- +11.5% in the first session after the results on August 12, 2026, against +0.9% for the S&P 500
- Next report
- November 9, 2026; average EPS estimate -$0.04
Price chart
- 1 day-3.4%
- 1 week-5.0%
- 1 month-30.5%
Loading chart…
Third-party market data · may be delayed
At a glance
Earnings
- Last results
- August 12, 2026
News & updates
Company announcements, filed results and changes that matter to shareholders.
- Leadership
- Agreement
Bitgo Holdings, Inc. entered a material agreement; made a public disclosure
SEC 8-KRead source ↗ - Results
Bitgo Holdings, Inc. reported results; announced a director or officer change
SEC 8-KRead source ↗
Valuation models
We value Bitgo Holdings, Inc. as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 8.6%: the 10-year Treasury yield (4.9%) plus a beta of 0.8 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. | ~$1.9 ~$1.6–$2.4 | Primary model, counts double |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Combined value Weighted average of the models that apply: the primary model (forward price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | ~$1.9 ~$1.6–$2.4 | 1 model |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Bitgo Holdings, Inc. with asset managers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
Forecasts and guidance
Next results: November 9, 2026, after the close. Analysts expect revenue of $4.4bn and EPS of −$0.04 (range −$0.04 to −$0.04) for the quarter.
Analysts' consensus
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | −$0.07 | −131% | $17.1bn | +6% |
| Next | $0.21 | +400% | $21.4bn | +25% |
Next year's EPS estimate has moved −31.8% in 90 days, across 3 analysts.
How the EPS forecast has moved
The consensus EPS forecast for the current fiscal year is −450.0% on 90 days ago. In the last 30 days, 0 analysts raised Bitgo Holdings, Inc.'s forecast and 1 cut it.
Average of analysts' published estimates (third-party data).
View chart data
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | $0.02 | $0.31 |
| 60 days ago | −$0.08 | $0.26 |
| 30 days ago | −$0.08 | $0.26 |
| 7 days ago | −$0.06 | $0.23 |
| Now | −$0.07 | $0.21 |
Earnings against estimates
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | −$0.07 | −$0.03 | +49.8% |
| Mar 2026 | −$0.10 | −$0.13 | −30.6% |
| Dec 2025 | −$0.42 | $0.07 | +117.3% |
Adjusted EPS as companies report it, against the average analyst estimate.
Positioning
- Short interest
- 5.1% of tradable shares
- Days to cover
- 2.25 at average volume
- Short interest, 1 month
- +80% to October 15, 2026
- Held by institutions
- 44% of shares
- Held by insiders
- 14.5% of shares
- Employees
- 603 full time
Share-price performance
Market data may be delayedPrice behaviour
- 52-week range
- Not enough history
- From 52-week high
- —
- vs 50-day average
- −25.5%
- vs 200-day average
- —
- Volatility (1 year)
- 97%
- Beta vs S&P 500
- 3.57
Share price after results
- Next day
- 1 up, 2 down typical move ±17.1%
- After a week
- 1 up, 2 down typical move ±24.0%
- After a month
- 2 up, 1 down typical move ±38.6%
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| August 12, 2026 | +11.5% | +0.9% | +26.0% | +54.2% |
| May 13, 2026 | −17.1% | +1.4% | −31.7% | −58.1% |
| March 26, 2026 | −22.6% | −3.5% | −14.2% | +3.6% |
Fundamentals
Who owns it
Funds buying and selling- Reported value
- $209M
- Institutions reporting
- 67
- Shares held vs prior quarter
- ▲ 13.8%
- Positions opened / closed
- 29 / 18
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Valor Management LLC | $64.9M | 12.5M | 31.1% | 0.0% |
| Redpoint Management, LLC | $55.7M | 10.8M | 26.7% | 0.0% |
| Crcm LP | $13.6M | 2.6M | 6.5% | New |
| Drw Securities, LLC | $10.7M | 2.1M | 5.1% | New |
| Tidal Investments LLC | $10.3M | 2.0M | 4.9% | ▲ 73.5% |
| Jump Financial, LLC | $8.1M | 1.6M | 3.9% | 0.0% |
| VY Capital Management Co. Ltd. | $6.9M | 1.3M | 3.3% | — |
| Millennium Management LLC | $3.9M | 744K | 1.8% | ▲ 880.6% |
| A16Z Capital Management, L.L.C. | $3.5M | 666K | 1.7% | 0.0% |
| Renaissance Technologies LLC | $3.2M | 620K | 1.5% | New |
| Alpine Global Management, LLC | $3.2M | 612K | 1.5% | ▲ 25.1% |
| HRT Financial LP | $2.4M | 471K | 1.2% | New |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Bitgo Holdings, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.
Insider trading activity
Full insider history and chart Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $7.5M 13 trades by 5 insiders · 0% under pre-set plans
Net ▼ $7.5M net selling
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Fang Chen Chief Revenue Officer | August 7, 2026 | Sell | 234 | $5.02 | $1,175 |
| Reginelli Edward Chief Financial Officer | August 7, 2026 | Sell | 91 | $5.02 | $457 |
| Mettler Jody Chief Operating Officer | August 7, 2026 | Sell | 97 | $5.02 | $487 |
| Reginelli Edward CFO | July 24, 2026 | Sell | 9,021 | $4.89 | $44,113 |
| Belshe Michael CEO, President, CTO | July 24, 2026 | Sell | 38,691 | $4.89 | $189,199 |
| Mettler Jody Chief Operating Officer | July 8, 2026 | Sell | 66 | $4.97 | $328 |
| Reginelli Edward CFO | July 8, 2026 | Sell | 94 | $4.97 | $467 |
| Mettler Jody Chief Operating Officer | June 11, 2026 | Sell | 79 | $5.12 | $404 |
| Reginelli Edward CFO | June 11, 2026 | Sell | 91 | $5.12 | $466 |
| Horowitz Jeff Peter Chief Compliance Officer | January 23, 2026 | Sell | 116,007 | $16.74 | $1.9M |
| Fang Chen Chief Revenue Officer | January 23, 2026 | Sell | 250,000 | $16.74 | $4.2M |
| Reginelli Edward CFO | January 23, 2026 | Sell | 45,000 | $16.74 | $753,300 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Results announcements
- August 12, 2026
- May 13, 2026
- March 26, 2026
Recent SEC filings
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Bitgo Holdings, Inc. in brief
- What does Bitgo Holdings, Inc. do?
- Bitgo Holdings, Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in January.
- What is Bitgo Holdings, Inc.'s stock ticker?
- Bitgo Holdings, Inc. trades under the ticker BTGO on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are Bitgo Holdings, Inc.'s largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Valor Management LLC, Redpoint Management, LLC and Crcm LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- Are insiders buying or selling Bitgo Holdings, Inc. stock?
- Over the last 12 months, Bitgo Holdings, Inc.'s directors and officers reported 0 open-market purchases and 13 sales on Form 4. The insider trading page charts every trade.
- When is Bitgo Holdings, Inc.'s next earnings date?
- Around November 9, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Bitgo Holdings, Inc. announces its own schedule.
Follow research on Bitgo Holdings, Inc.
New research on the companies we cover arrives in the weekly email. Free, one email a week.