BitGo Holdings Balance Sheet Statement

Assets, liabilities, and shareholders' equity

BitGo Holdings holds $5.9B in total assets. Shareholders' equity is $438.8M against $285.2M in total debt. Cash and equivalents total $186.6M. The current ratio is 1.08 and debt-to-equity is 0.650. Based on the Q1 2026 filing.

Total Assets$5.9B Total Stockholders Equity$438.8M Cash And Equivalents$186.6M Total Current Assets$5.9B Total Current Liabilities$5.5B

Latest FilingQ1 2026

Report Date2026-05-14

Market Cap$1.4B

Current Liabilities

Metric	Q1 '25	Q2 '25	Q4 '25	Q1 '26	Q2 '26
Accounts payable	—	—	—	$10.0M	$7.2M
Obligations to return collateral	—	—	—	$400.1M	$341.0M
Borrowings of digital intangible assets	—	—	—	$233.7M	$357.7M
Restricted security deposits held for customers	—	—	—	$3.3B	$4.4B
Other accrued liabilities	—	—	—	$135.1M	$196.9M
Current portion of long-term debt	$30.0M	$50.0M	—	$118.8M	$139.7M
Deferred revenue	—	—	—	$4.7M	$4.5M
Income taxes payable	—	—	—	$7.7M	$7.7M
Operating Lease Liability Payments - 2024 (Lessee)	—	—	—	—	$1.3M
Operating lease liabilities, current	—	—	—	$2.5M	$2.5M
Short-term borrowings	$30.0M	$50.0M	—	$118.8M	$139.7M
Total current liabilities	—	—	—	$4.2B	$5.5B

Current Assets

Metric	Q1 '25	Q2 '25	Q4 '25	Q1 '26	Q2 '26
Accounts receivable, net	—	—	—	$15.8M	$14.0M
Cash and cash equivalents	—	$57.5M	—	$106.3M	$186.6M
Deferred tax assets	—	—	—	$7.1M	$7.5M
Other current assets	—	—	—	$272.3M	$490.0M
Derivative assets	—	—	—	—	$35.0M
Finance Receivables (Current)	$87.5M	—	—	$176.7M	$170.9M
Restricted cash	—	$57.0M	—	$3.3B	$4.4B
Total current assets	—	—	—	$4.5B	$5.9B

Equity

Metric	Q1 '25	Q2 '25	Q4 '25	Q1 '26	Q2 '26
Additional paid-in capital	—	—	—	$32.0M	$435.6M
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	—	—	—	$222.5M	$0.0
Retained earnings	—	—	—	$62.1M	$1.4M
Total liabilities and stockholders' equity	—	—	—	$4.5B	$5.9B
Total stockholders' equity	$328.9M	$304.2M	—	$318.5M	$438.8M

Non-Current Liabilities

Metric	Q1 '25	Q2 '25	Q4 '25	Q1 '26	Q2 '26
Operating Lease Liability Payments - 2026 (Lessee)	—	—	—	—	$406.0K
Operating lease liabilities, non-current	—	—	—	$4.0M	$3.3M
Operating Lease Liabilities (Total)	—	—	—	—	$5.9M
Total liabilities	—	—	—	$4.2B	$5.5B

Non-Current Assets

Metric	Q1 '25	Q2 '25	Q4 '25	Q1 '26	Q2 '26
Intangible assets — net	—	—	—	$1.2M	$773.0K
Other intangible assets—net	—	—	—	$1.2M	$773.0K
Operating lease right-of-use assets	—	—	—	$6.3M	$5.6M
Other non-current assets	—	—	—	$713.0K	$726.0K
Property, plant and equipment at cost	—	—	—	$18.4M	$20.7M
Accumulated depreciation	—	—	—	$5.2M	$6.5M
Property and equipment, net	—	—	—	$13.2M	$14.2M
Total assets	—	—	—	$4.5B	$5.9B

Other

Metric	Q1 '25	Q2 '25	Q4 '25	Q1 '26	Q2 '26
Accounts receivable	—	—	—	$17.7M	$15.4M
Accounts Receivable, after Allowance for Credit Loss	—	—	—	$15.8M	$14.0M
Accounts Receivable, Allowance for Credit Loss	$2.5M	$2.0M	—	$2.0M	$1.4M
Insurance coverage	—	—	—	—	$250.0M
Cash and cash equivalents, end of period	$87.4M	$114.5M	—	$3.4B	$4.6B
Common stock, capital shares reserved for future issuance	—	—	—	3.6B	—
Conversion ratio	—	—	—	—	100.0%
Common stock, par value (in dollars per share)	—	—	—	$0.00	—
Common stock, shares authorized (in shares)	—	—	—	3.4B	—
Collateral held under lending agreements	—	—	—	$135.4M	$143.4M
Cost Basis	—	—	—	$295.1M	$430.5M
Weighted average interest rate	—	—	—	5.3%	4.3%
Derivative Liability	—	—	—	—	$56.7M
Cost not yet recognized	—	—	—	—	$17.0M
Finite-Lived Intangible Assets, Accumulated Amortization	—	—	—	$11.5M	$12.0M
Gross Carrying Amount	—	—	—	$12.7M	$12.7M
Lessee Operating Lease Liability Payments Due	—	—	—	—	$7.2M
Thereafter	—	—	—	—	$0.0
Lessee Operating Lease Liability Undiscounted Excess Amount	—	—	—	—	$1.3M
Noncontrolling interests in subsidiaries	—	—	—	$2.0M	$1.8M
Operating Lease Weighted Average Discount Rate Percent	—	—	—	8.2%	7.5%
Conversion ratio	—	—	—	100.0%	—
Preferred stock, liquidation preference, value	—	—	—	$234.0M	—
Preferred Stock, Par or Stated Value Per Share	—	—	—	$0.00	$0.00
Preferred Stock, Shares Authorized	—	—	—	69M	200M
Preferred Stock, Shares Issued	—	—	—	60.8M	0
Preferred Stock, Shares Outstanding	—	—	—	60.8M	0
Purchase Obligation	—	—	—	—	$2.4M
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	—	—	—	—	$3.19
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number	—	—	—	—	6.9M
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number	—	—	—	10M	11.9M
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	—	—	—	—	11.9M
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value	—	—	—	—	$59.9M
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price	—	—	—	$2.08	$3.19
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value	—	—	—	$136.4M	$59.9M
Shares reserved for awards to employees and outside directors (in shares)	—	—	9M	—	—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price	—	—	—	—	$1.22
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Intrinsic Value	—	—	—	—	$48.3M
Short-term debt, weighted average interest rate, at point in time	—	—	—	9.7%	7.2%
Remainder of Fiscal Year 2024	—	—	—	—	$2.2M