Bitgo Revenue Jumps 80% to $4.3B as Stablecoin Demand Grows

AI Summary Bitgo reported $4.3 billion in second-quarter revenue, up nearly 80% from a year earlier, as trading and stablecoin activity increased. The company still posted a $19 million net loss while cutting costs, expanding AI use and authorizing a $50 million share buyback. Bitgo Posts $19M Loss Despite $4.3B in Q2 Revenue Bitgo reported a sharp […] fulltext: 349 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/crypto-news/bitgo-revenue-jumps-80-to-4-3b-as-stablecoin-demand-grows/ Source: Bitcoin.com News