Overview
- The company and selling stockholders plan to offer about 11.8 million shares at $15 to $17 each, seeking roughly $201 million in gross proceeds.
- Existing holders will sell about 821,595 shares, with no proceeds to BitGo from those secondary sales.
- Shares are slated to trade on the NYSE under the ticker BTGO, with Goldman Sachs and Citigroup leading the underwriting.
- The filing details a dual-class setup giving Class B shares 15 votes each, preserving Michael Belshe’s control after the listing.
- BitGo cites conditional approval for a U.S. banking charter and strong 2025 revenue growth, and it has not set a launch date.