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BitGo made $4.3 billion in revenue last quarter, but direct costs swallowed 99.8% of it

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Direct costs absorbed 99.83% of segment revenue while adjusted EBITDA stayed negative and management targeted $15 million in savings. The post BitGo made $4.3 billion in revenue last quarter, but direct costs swallowed 99.8% of it appeared…

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BitGo made $4.3 billion in revenue last quarter, but direct costs swallowed 99.8% of it
CryptoSlate Press Releases 2h ago

BitGo made $4.3 billion in revenue last quarter, but direct costs swallowed 99.8% of it

Direct costs absorbed 99.83% of segment revenue while adjusted EBITDA stayed negative and management targeted $15 million in savings. The post BitGo made $4.3 billion in revenue last quarter, but direct costs swallowed 99.8% of it appeared…