BitGo, a crypto custody company, reported first-quarter revenue of $380 million, up 112.6% from a year earlier but down 38.7% from the previous quarter. The company also posted a net loss of $60.7 million. As of March 31, BitGo held 2,449 Bitcoin worth about $167.1 million on its balance sheet. The figures show strong annual growth alongside weaker quarter-to-quarter performance, a pattern that can reflect changing market activity and transaction demand in digital asset services.