<p>New York, New York--(Newsfile Corp. - August 6, 2026) - <a href="https://api.newsfilecorp.com/red...

<p>New York, New York--(Newsfile Corp. - August 6, 2026) - <a href="https://api.newsfilecorp.com/redirect/vE5L7CD80N">Kaplan Fox &#38; Kilsheimer LLP</a> announces that a class action lawsuit has been filed against BitGo Holdings, Inc. ("BitGo" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BTGO">BTGO</a>) on behalf of all persons or entities who purchased or acquired: (a) BitGo Class A common stock in and/or traceable to BitGo's January 22, 2026 initial public offering ("IPO"); and/or (b) BitGo securities between January 22, 2026 and May 13, 2026 (the "Class Period").</p><p style="text-align: center;"><a href="https://api.newsfilecorp.com/redirect/JkRAKtAzM2">CLICK HERE TO JOIN THE CASE</a></p><p><b>If you are an investor in BitGo and have suffered losses, you may </b><a href="https://api.newsfilecorp.com/redirect/GzpAWiykpR"><b>CLICK HERE</b></a><b> to contact us. You may also contact Kaplan Fox by emailing </b><a href="mailto:pmayer@kaplanfox.com"><b>pmayer@kaplanfox.com</b></a><b> or by calling (646) 315-9003.</b></p><p><b>DEADLINE REMINDER: </b>If you are a member of the proposed Class, you may move the court <u><b>no later than August 7, 2026</b></u> to serve as a lead plaintiff for the purported class.  If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.</p><p>On or around January 22, 2026, BitGo conducted its IPO, selling 11,821,595 shares of Class A common stock at the offering price of $18 per share.</p><p>On March 26, 2026, BitGo issued a press release announcing its fourth quarter and full year 2025 financial results. The Company reported a net loss of $14.8 million for 2025, compared to $156.6 million in net income for 2024, a quarterly margin of 0.21% in its Digital Asset Sales segment, compared to a quarterly margin of 0.47% in the prior year. BitGo stated that the change in its annual net loss was "materially driven by declines in digital asset prices impacting the Company's Bitcoin treasury."</p><p>Following this news, the price of BitGo stock fell $1.43 per share, over 15.71%, to close at $7.67 per share on March 27, 2026.</p><p>Then, on May 13, 2026, BitGo issued a press release announcing its first quarter 2026 financial results. The Company reported a net loss of $60.7 million, compared to a net loss of $25.7 million in the same quarter one year earlier, stating that its quarterly net loss "was primarily driven by non-cash mark-to-market impacts related to the Company's Bitcoin treasury, as well as elevated IPO-related stock-based compensation expense.". </p><p>Following this news, the price of BitGo stock fell $2.05 per share, over 17.2%, to close at $9.86 per share on May 14, 2026.</p><p>The complaint alleges, among other things, that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that (i) Defendants understated the scope and severity of the risk that declining digital asset prices posed to Company's business and financial performance; (ii) consequently, Defendants' statements regarding, <i>inter alia</i>, BitGo's financial performance and business prospects lacked a reasonable basis; and (iii) as a result, the Offering Documents and Defendants' public statements throughout the Class Period were materially false and/or misleading and/or failed to state information required to be stated therein.</p><p><b>WHY CONTACT KAPLAN FOX?</b></p><p>Kaplan Fox &#38; Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.</p><p>Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in <i>In re Bank of America</i>&#8212;the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act&#8212;$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in <i>ATRS v. Allianz Global Investors</i>, and a $475 million settlement in <i>In re Merrill Lynch</i>.</p><p>For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.</p><p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.</p><p>If you have any questions about this Notice, your rights, or your interests, please contact:</p><div id="contactInfo"><p><b>CONTACT:</b><br />Pamela A. Mayer<br /><a href="https://api.newsfilecorp.com/redirect/Q2zA1s7M3W">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />800 Third Avenue, 38th Floor<br />New York, New York 10022<br />(646) 315-9003<br /><a href="mailto:pmayer@kaplanfox.com">pmayer@kaplanfox.com</a></p><p>Laurence D. King<br /><a href="https://api.newsfilecorp.com/redirect/mj4RYc4JMA">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />1999 Harrison Street, Suite 1501<br />Oakland, California 94612<br />(415) 772-4704<br /><a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a></p></div><p>Contacting or submitting information to Kaplan Fox &#38; Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.</p><p><a href="https://api.newsfilecorp.com/redirect/kXVKgCV2nD">https://www.kaplanfox.com/case/bitgo-holdings-inc-class-action-alert-learn-more-now/</a></p><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/12532/308305_b2311e5924d00bba_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/B5oRgfp7Ar">https://www.newsfilecorp.com/release/308305</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/308305/197" alt="" /></p>

BTGO

Kaplan Fox Urges BitGo Holdings, Inc. (BTGO) Investors Seeking Recovery to Contact the Firm Before August 7, 2026

BitGo hit by class-action over IPO disclosures, potential short-term volatility

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>&lt;p&gt;New York, New York--(Newsfile Corp. - August 6, 2026) - &lt;a href=&quot;https://api.newsfilecorp.com/red...</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>BitGo has been hit with a securities class action alleging misleading statements surrounding its January 2026 IPO and subsequent results. The suit highlights declines in Bitcoin treasury values and IPO-related stock-based compensation as factors in the losses. While litigation risk could add near-term volatility, material outcomes will hinge on case developments and potential settlements.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Class-action filed against BitGo alleging misleading IPO disclosures.</li><li>Complaint covers BitGo&#039;s January 22, 2026 IPO and May 13, 2026 results.</li><li>Stock fell 15.7% after March 27 and 17.2% after May 14 results.</li><li>Lead-plaintiff deadline August 7, 2026; potential volatility risk.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>BitGo Holdings, Inc. (BTGO)</strong>: Subject of the class-action; litigation risk could affect sentiment and liquidity.</li><li><strong>Kaplan Fox &amp; Kilsheimer LLP (N/A)</strong>: Plaintiff counsel; prominent securities litigator with industry track record.</li><li><strong>Bank of America Corp. (BAC)</strong>: Referenced in firm’s history of large recoveries in securities cases; context but not a BTGO outcome.</li><li><strong>Merrill Lynch (N/A)</strong>: Cited in case history; not a standalone public issuer in this filing.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal. The article centers on a securities class action against BTGO, with potential implications for investor sentiment and future capital-raising considerations if the case develops.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Legal headlines on crypto firms can trigger BTGO volatility and bid-ask swings.</li><li>BTGO price declines after Q1 2026 results raise litigation risk concerns.</li><li>IPO disclosures and crypto market dynamics remain key price drivers.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>BTGO IPO: Jan 22, 2026; 11,821,595 Class A shares sold at $18.</li><li>2025 net loss $14.8m; 2024 net income $156.6m; Digital Asset Sales margin 0.21% vs 0.47%.</li><li>Q1 2026 net loss $60.7m; driven by non-cash mark-to-market and IPO-related stock-based comp.</li><li>Mar 27, 2026: BTGO close $7.67 (-15.71%); May 14, 2026: $9.86 (-17.2%).</li><li>Lead plaintiff deadline: August 7, 2026.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>BTGO may remain choppy near term with limited upside until litigation progresses.</p>
  </section>
</section>


<article>
  <h2>Kaplan Fox &amp; Kilsheimer Files BitGo BTGO Class Action; Investors Urged to Contact Before August 7, 2026</h2>

  <section>
    <p>New York, New York—(Newsfile Corp. – August 6, 2026) – Kaplan Fox &amp; Kilsheimer LLP announces that a class action lawsuit has been filed against BitGo Holdings, Inc. ("BitGo" or the "Company") (NYSE: <strong>BTGO</strong>) on behalf of all persons or entities who purchased or acquired: (a) BitGo Class A common stock in and/or traceable to BitGo's January 22, 2026 initial public offering ("IPO"); and/or (b) BitGo securities between January 22, 2026 and May 13, 2026 (the "Class Period").</p>
    <p><strong>CLICK HERE TO JOIN THE CASE</strong></p>
  </section>

  <section>
    <h3>Lead Plaintiff Deadline and How to Seek Representation</h3>
    <p><strong>DEADLINE REMINDER:</strong> If you are a member of the proposed Class, you may move the court <u><strong>no later than August 7, 2026</strong></u> to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.</p>
  </section>

  <section>
    <h3>IPO Details and Early Trading Activity</h3>
    <p>On or around January 22, 2026, BitGo conducted its IPO, selling <strong>11,821,595</strong> shares of Class A common stock at the offering price of <strong>$18</strong> per share. This section outlines the initial public offering activity related to <strong>BTGO</strong> and the subsequent class period under review.</p>
  </section>

  <section>
    <h3>Financial Results and Stock Price Reactions</h3>
    <p>On March 26, 2026, BitGo issued a press release announcing its fourth quarter and full year 2025 financial results. The Company reported a net loss of <strong>$14.8 million</strong> for 2025, compared to <strong>$156.6 million</strong> in net income for 2024, a quarterly margin of <strong>0.21%</strong> in its Digital Asset Sales segment, compared to a quarterly margin of <strong>0.47%</strong> in the prior year. BitGo stated that the change in its annual net loss was <em>"materially driven by declines in digital asset prices impacting the Company's Bitcoin treasury."</em></p>
    <p>Following this news, the price of BitGo stock fell <strong>$1.43</strong> per share, over <strong>15.71%</strong>, to close at <strong>$7.67</strong> per share on March 27, 2026.</p>
    <p>Then, on May 13, 2026, BitGo issued a press release announcing its first quarter 2026 financial results. The Company reported a net loss of <strong>$60.7 million</strong>, compared to a net loss of <strong>$25.7 million</strong> in the same quarter one year earlier, stating that its quarterly net loss <em>"was primarily driven by non-cash mark-to-market impacts related to the Company's Bitcoin treasury, as well as elevated IPO-related stock-based compensation expense."</em></p>
    <p>Following this news, the price of BitGo stock fell <strong>$2.05</strong> per share, over <strong>17.2%</strong>, to close at <strong>$9.86</strong> per share on May 14, 2026.</p>
  </section>

  <section>
    <h3>Allegations and Class Period Claims</h3>
    <p>The complaint alleges, among other things, that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that (i) Defendants understated the scope and severity of the risk that declining digital asset prices posed to Company's business and financial performance; (ii) consequently, Defendants' statements regarding, <i>inter alia</i>, BitGo's financial performance and business prospects lacked a reasonable basis; and (iii) as a result, the Offering Documents and Defendants' public statements throughout the Class Period were materially false and/or misleading and/or failed to state information required to be stated therein.</p>
  </section>

  <section>
    <h3>Why Contact Kaplan Fox?</h3>
    <p><strong>Kaplan Fox &amp; Kilsheimer LLP</strong> is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than <strong>$10 billion</strong> for clients and the classes it has represented.</p>
    <p>Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a <strong>$2.425 billion</strong> recovery on behalf of Bank of America shareholders in <em>In re Bank of America</em>—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—<strong>$800 million</strong> recovered for the Arkansas Teacher Retirement System and other pension funds in <em>ATRS v. Allianz Global Investors</em>, and a <strong>$475 million</strong> settlement in <em>In re Merrill Lynch</em>.</p>
    <p>For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.</p>
    <p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.</p>
  </section>

  <section>
    <h3>Investor Contacts</h3>
    <div id="contactInfo">
      <p><strong>CONTACT:</strong><br />Pamela A. Mayer<br /><a href="https://api.newsfilecorp.com/redirect/Q2zA1s7M3W">KAPLAN FOX &amp; KILSHEIMER LLP</a><br />800 Third Avenue, 38th Floor<br />New York, New York 10022<br />(646) 315-9003<br /><a href="mailto:pmayer@kaplanfox.com">pmayer@kaplanfox.com</a></p>
      <p>Laurence D. King<br /><a href="https://api.newsfilecorp.com/redirect/mj4RYc4JMA">KAPLAN FOX &amp; KILSHEIMER LLP</a><br />1999 Harrison Street, Suite 1501<br />Oakland, California 94612<br />(415) 772-4704<br /><a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a></p>
    </div>
    <p>Contacting or submitting information to Kaplan Fox &amp; Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.</p>
  </section>

  <section>
    <h3>Source and Disclosure</h3>
    <p><a href="https://api.newsfilecorp.com/redirect/kXVKgCV2nD">https://www.kaplanfox.com/case/bitgo-holdings-inc-class-action-alert-learn-more-now/</a></p>
    <p><img src="https://images.newsfilecorp.com/files/12532/308305_b2311e5924d00bba_logo.jpg" alt="Corporate Logo" /></p>
    <p>To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/B5oRgfp7Ar">https://www.newsfilecorp.com/release/308305</a></p>
  </section>
</article>

BitGo has been hit with a securities class action alleging misleading statements surrounding its January 2026 IPO and subsequent results. The suit highlights declines in Bitcoin treasury values and IPO-related stock-based compensation as factors in the losses. While litigation risk could add near-term volatility, material outcomes will hinge on case developments and potential settlements.

News insight

Kaplan Fox Urges BitGo Holdings, Inc. (BTGO) Investors Seeking Recovery to Contact the Firm Before August 7, 2026

AI summary

Sentiment rationale

Key facts

Legal