BitGo Holdings, Inc. Announces $50 Million Share Repurchase Program

BitGo Holdings, Inc. announced that its Board of Directors has approved a share repurchase program authorizing the purchase of up to $50 million of its outstanding common stock. The repurchases may be made through various methods, including open market purchases and privately negotiated transactions, subject to market conditions and applicable securities laws. The program is not an obligation to repurchase any specific amount and may be modified or terminated at the Company's discretion. The Company expects to fund these repurchases using existing cash and cash equivalents and ongoing cash from operations. This initiative reflects the Board's confidence in the Company's fundamental value and its commitment to disciplined capital stewardship, while continuing to invest in its platform and clients. The program aims to return capital to shareholders while maintaining the Company's investment capacity.