BitGo Chief Financial Officer Edward Reginelli to resign; the company reported a net loss of $19 million in the second quarter
2026-08-13 08:51:44
According to CoinMeta, as reported by The Defiant, BitGo's Chief Financial Officer, Edward Reginelli, will leave the company on September 15th and will subsequently take on a consulting role. BitGo incurred a net loss of $19 million in the second quarter, compared to a profit of $38.3 million in the same period last year, with revenue growing by 79.6% to $4.33 billion. After adjustments, EBITDA shifted from a profit of $3 million last year to a loss of $4.2 million this year. Edward Reginelli's resignation is not due to any disagreements regarding company operations, policies, or practices, and BitGo has already begun the process of finding a successor.
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Source:Internet
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