BitGo said Chief Financial Officer Edward Reginelli will leave the company on Sept. 15 after notifying the board on Aug. 10, with the company saying his departure was not tied to any disagreement over operations, policies or practices. He will remain as an adviser after stepping down, and BitGo has started a formal search for a successor. The disclosure came alongside BitGo's results for the second quarter of 2026, which showed revenue rose 79.6% year over year to $4.33 billion. The company posted a net loss of $19 million, compared with net income of $38.3 million a year earlier, although the loss narrowed from $60.7 million in the first quarter. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) swung from a $3 million profit a year earlier to a $4.2 million loss. BitGo also said it cut about 15% of its workforce in June, and expects shifts in investment priorities and its operating model to generate about $15 million in annualized cash savings. As of the end of June, it held $159 million in cash and 2,523 of its own Bitcoin valued at about $147.7 million, with no company-level debt.