BTGO News & Events

BitGo Holdings underscored the breadth of its institutional digital asset platform, including support for 186 of the top 250 digital assets by market capitalization as of the date of this release. By combining custody, wallets, staking, trading, financing, stablecoins, and settlement infrastructure, BitGo helps institutions manage more digital asset activity through a single platform. For institutions, platform breadth is not just about access to more assets. It is about the ability to custody, move, trade, finance, stake, settle, and support digital assets through a single operational environment. BitGo's platform is designed to help institutions reduce complexity, streamline execution, and manage a wider range of digital asset activity with greater consistency across workflows. "As institutions deepen their participation in digital assets, they need infrastructure that can support a broader range of assets and workflows without adding unnecessary complexity," said Mike Belshe, CEO and Co-founder of BitGo. "BitGo's platform is built to help clients operate more efficiently across custody, trading, financing, staking, settlement, and stablecoins."

The collapse of U.S.-Iran ceasefire talks pushed oil prices back up and has been keeping bitcoin(BTC-USD)pinned near the $70,500 support level. Meanwhile, a Polkadot(DOT-USD)bridge exploit added further headwinds for cross-chain infrastructure investors. Stay current on the crypto news that matters with "Crypto Currents," daily from The Fly. Join us at 2 PM ET for your essential briefing on the fast-moving world of cryptocurrency on FlyCast radio.STRATEGY EXTENDS BITCOIN ACCUMULATION WITH $1B BUY, BITMINE REACHES ETHER HOLDINGS OVER 4% OF CIRCULATING SUPPLY:Strategy(MSTR)disclosed in afiling this morningthat it acquired 13,927 bitcoin for roughly $1B during the week of April 6-12, at an average price of $71,902 per coin, lifting its total treasury to 780,897 bitcoin at an aggregate cost of approximately $59.02B, or $75,577 average. The purchase was funded entirely by selling 10.03M shares of its STRC preferred stock for net proceeds of about $1.001B, with no dilution to MSTR common shares this cycle. Founder Michael Saylor, noting a 5.6% bitcoin yield year-to-date in 2026 and a breakeven annual return rate of about 2.05%.On the ether(ETH-USD)side, treasury giant Bitmine Immersion Technologies(BMNR)disclosed in aregulatory filingthat its total ether holdings stand at 4.875M ether, roughly 4.04% of total circulating supply, valued near $10.75B at $2,206 per token. 3.33M of their owned ether valued at $7.4B is actively staked. The company also holds 198 bitcoin, $719M in cash, and $85M in Eightco Holdings(ORBS)shares, and announced that its NYSE uplisting from NYSE American became effective April 9, a development that broadens its index-eligibility and institutional accessibility. The scale of Bitmine's staking position makes it one of the largest single publicly traded concentrations of staked ether on U.S. exchanges, a defining concentration for any portfolio with Ethereum infrastructure exposure.CANGO LAUNCHES HPC/AI SUBSIDIARY AS MINERS PIVOT FROM PURE PROOF-OF-WORK:Cango(CANG)announcedthat EcoHash, its high-performance computing and AI inference subsidiary, has begun commercial operations at its owned 50-megawatt facility in Georgia, deploying plug-and-play compute modules via its proprietary EcoLink Orchestration Platform. LM Funding America(LMFA)disclosed in an8-Ka more constrained operational picture for March 2026. The company mined 9.6 bitcoin at a record hashrate of 0.79 EH/s but sold 23.1 bitcoin, leaving a 341.2 bitcoin treasury valued at nearly $22.9M. It also extended an $11M Galaxy Digital credit facility to June 26, 2026, signaling continued reliance on debt financing amid compressed mining economics. Meanwhile, BGIN Blockchain(BGIN)resolved a prolonged hosting dispute,the company said, recovering all 5,325 seized mining machines from Mawson Hosting and Krypton Technologies under a confidential settlement, an event that removes a material operational drag from BGIN's U.S. subsidiary, BGIN Infrastructure.BROADRIDGE AND MARTI EXPAND DIGITAL ASSET INFRASTRUCTURE FOOTPRINTS:Broadridge Financial Solutions(BR)launched a unified digital asset platform for Canadian wealth managers,per the firm's announcement, covering crypto trading, tokenized real-world assets, integrated custody via Galaxy Digitaland Anchorage/Tetra, and on-chain proxy voting, building on infrastructure that already tokenizes more than $8T in assets monthly. The launch is a telling signal that institutional-grade digital asset tooling is moving into mainstream North American wealth management, with custody integration through regulated counterparties rather than self-managed wallets. Marti Technologies(MRT)reported FY25 results, posting revenue of $39.2M, up 110% year over year and 15% above guidance, with gross margin swinging from -15% to +61%. The Turkey-based mobility platform maintains a policy of holding 20–50% of cash reserves in bitcoin and guided for FY26 revenue of $70M with positive adjusted EBITDA.CLARITY ACT AND SEC ROUNDTABLE SET THE WEEK'S REGULATORY TONE:The U.S. Senate returned from Easter recess Monday, reopening the window for a potential CLARITY Act markup vote this week, with an SEC digital assets roundtable scheduled for April 16 as the immediate near-term catalyst. CoinbaseCEO Brian Armstrong publicly endorsed the CLARITY Act on April 9 following White House pressure, and passage of the bill would be a significant positive for Coinbase's regulatory standing and product roadmap. The legislative outcome also carries direct implications for miner and exchange-adjacent equities whose compliance overhead and product offerings are sensitive to jurisdictional clarity on digital asset classification.On the corporate side, BitGo(BTGO)that BitGo Prime has added tradias, a regulated European crypto-asset services provider currently merging with Boerse Stuttgart Digital, to its institutional liquidity network, expanding execution quality and market access for its institutional client base. Bitcoin Depot(BTM), the largest North American bitcoin ATM operator with over 9,000 kiosk locations, named Tony Gagliardi as its new chief compliance officer effective April 8,the company disclosed. Gagliardi previously held global compliance roles at Coinbase, OKX, and Paxos, a résumé that reflects the rising anti-money laundering and know-your-customer regulatory bar across the digital asset kiosk sector.PRICE ACTION:As of time of writing, bitcoin(BTC-USD)was trading near $71,797.97, and ether(ETH-USD)was trading near $2,206.60,according to price data from TipRanks.

Thursday's session picks up where Wednesday's ceasefire rally left off, with bitcoin(BTC-USD)trading near $71,641 and sitting roughly $360 below the $72,000 level that CoinGlass estimates would trigger $2.5B in cascading short liquidations. The derivatives coil arrives as Wall Street's institutional infrastructure build-out accelerates: Morgan Stanley's(MS)spot bitcoin ETF reported first-day results and Bitmine Immersion Technologies(BMNR)is making its debut on the NYSE main board. Stay up on the crypto news that matters with "Crypto Currents," daily from The Fly. Join us at 2 PM ET for your essential briefing on the fast-moving world of cryptocurrency on FlyCast radio.MSBT LOGS $34M IN DAY-ONE INFLOWS AS WALL STREET'S BITCOIN EMBRACE HOLDS:, making it the first such product from a major Wall Street bank and the cheapest in the market at a 0.14% expense ratio.The broader spot bitcoin ETF complex saw $124.5M leave incumbent funds simultaneously, meaning MSBT attracted fresh capital as the cohort faced net outflows.Bloomberg's April 9 newsletterframes the institutional picture more broadly, noting that Wall Street's structural embrace of bitcoin remains intact even as speculative retail enthusiasm has cooled. The newsletter's framing carries weight for equity investors tracking crypto-adjacent names: sustained institutional demand at the infrastructure layer, custody, settlement, and ETF distribution, can support revenue lines at firms like Coinbase even during periods of subdued retail activity.BITMINE UPLISTS TO NYSE MAIN BOARD AND EXPANDS BUYBACK TO $4B:Bitmine Immersion Technologies, the ether(ETH-USD)treasury company chaired by Fundstrat's Tom Lee, began trading on the NYSE main board Thursday after transferring from NYSE American.According to a company release, the company simultaneously expanded its share repurchase authorization from $1B to $4B, described as one of the ten largest buyback programs announced in 2026 per Fundstrat, while holding approximately 4.803M ether, representing roughly 3.98% of total ether supply, with total crypto and cash holdings of $11.4B. The NYSE uplisting is being closely watched as a benchmark for whether an ether treasury strategy can attract mainstream institutional capital at the same scale that Strategy'sbitcoin model has for BTC-denominated proxies.DERIVATIVES COIL TIGHTENS; HYPERLIQUID OIL VOLUME TOPS BITCOIN FOR FIRST TIME:, bitcoin futures open interest climbed 7.01% in 24 hours to $52.04B with Binance leading at $8.73B, signaling that leverage is re-accumulating rapidly in the aftermath of Wednesday's $427M short squeeze. Ether futures open interest surged 11.93% in the same window to $31.62B, creating a fragile leverage stack with an estimated $810M in long liquidations clustered below $1,952, directly relevant to spot ether ETF AUM mechanics and Coinbase's derivatives revenue line.On Hyperliquid, combined WTI and Brent crude perpetuals hit $2.45B in 24-hour volume on Thursday, surpassing bitcoin perpetuals at $2.29B on that platform for the first time, a result reflecting macro traders routing commodity exposure through on-chain perpetual DEXs on a day when oil crashed more than 16% following the U.S.-Iran ceasefire, and positioning Hyperliquid's HYPE(HYPE-USD)token as a live barometer of traditional finance crossover demand for on-chain derivatives infrastructure.BITMEX REPORTS 500%+ SURGE IN TOKENIZED COMMODITY AND EQUITY PERPETUALS:shows that BitMEX's Q1 2026 derivatives report found that tokenized commodity perpetuals surged more than 500% quarter-over-quarter while tokenized equity perpetuals grew 900% to $4.9B in weekly volume, driven by traditional finance crossover demand for on-chain exposure to conventional asset classes. The data provides a quantitative frame for the structural shift that Hyperliquid's oil volume milestone illustrates: traditional financial instruments are migrating to on-chain perpetual venues at an accelerating rate, with direct competitive implications for centralized exchange operators like Coinbase and Bullish(BLSH).BITCOIN DEPOT DISCLOSES $3.6M HACK; BITCOIN BANCORP LAUNCHES CALIFORNIA ATM ROLLOUT:Bitcoin Depot(BTM), operator of approximately 25,000 bitcoin ATMs across North America,disclosed that attackers breached its IT systems on March 23, stealing 50.9 BTC worth approximately $3.665Mby compromising digital asset settlement account credentials before being locked out, at least the company's second known security event following a 2023 user data breach affecting 58,000 customers. The disclosure arrives on the same day that Bitcoin Bancorpannounced an expansion into the space. Bitcoin Bancorp, one of only three publicly traded bitcoin ATM operators and holder of foundational bitcoin ATM patents, launched the initial Southern California deployment of its licensed ATM network as the next phase of its national expansion strategy.SOLUNA COMMISSIONS 48MW PROJECT KATI; BITGO POWERS ANDX U.S. LAUNCH:Soluna Holdings(SLNH)reported that its Project Kati 1 K1A Galaxy facility, a 48 MW bitcoin hosting and mining site, was fully commissioned ahead of schedule in March, while the company is in active hyperscaler negotiations for the AI and HPC-focused Project Kati 2, with its total development pipeline now surpassing 4.3 gigawatts.According to a press release, BitGo(BTGO)announced its OCC-regulated Crypto-as-a-Service platform now underpins the U.S. launch of AndX, an AI-native Web3 trading platform, providing custody, compliance, and settlement infrastructure with $250M insurance coverage across all 50 states.GREENLANE HOLDS 32% OF BERA SUPPLY AND AUTHORIZES $2M BUYBACK:, Greenlane Holdings(GNLN)reported holding 77.9M BERA tokens, representing approximately 32% of the circulating supply of the Berachain native asset as of April 7, with 50M tokens deployed to validators to generate staking yield, while its board simultaneously authorized a new $2M common stock buyback. Greenlane's concentrated BERA position makes it one of the most direct public-market proxies for the Berachain ecosystem, and the buyback authorization mirrors the capital return discipline shown by Empery Digital(EMPD)the prior session, contrasting with the equity issuance posture of most smaller crypto-adjacent names.BITWISE LISTS HYPERLIQUID STAKING ETP IN FRANKFURT; BLACKROCK ETF WALLETS MOVE $49M TO COINBASE:, Bitwise launched the Bitwise Hyperliquid Staking ETP under the ticker symbol 'BHYP' on Deutsche Börse Xetra in Frankfurt, offering regulated access to the HYPE token with an expected net staking yield of approximately 1% and a total expense ratio of 0.85%, marking Bitwise's seventh staking ETP; on-chain data also shows a purchase of 67,648 HYPE tokens for approximately $2.6M by large wallets flagged byLookonchainWednesday, confirming active accumulation. Separately,Arkham Intelligence data showedBlackRock'sIBIT and ETHA ETF wallets transferred 416.65 BTC and 8,513 ETH, a combined value of approximately $49M, to Coinbase Prime during Wednesday's session, confirming that Coinbase's custody and settlement operations are handling significant flow mechanics on volatile sessions and supporting the revenue case for Coinbase independent of spot trading volumes.PRICE ACTION:As of time of writing, bitcoin was trading at $71,490.96, while ether was trading at $2,190.08,.