BUZZ-Crypto custody firm BitGo slides day after US IPO
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Shares of crypto custody firm BitGo (BTGO.N) fall 12.3% to about $16.5 in early tradingCo’s stock opened at $22.43, above its offer price of $18 on ThursdayThis follows crypto IPO window’s reopening following tepid activity after U.S. government shutdown late last yearNo major crypto-linked issuer went public in U.S. in fourth quarterFounded in 2013, BTGO is one of the few profitable crypto firms, having reported net income of $35.3 mln in first nine months of 2025Co’s shares closed at $18.49 after January 22 IPO close
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