PANews reported on May 14th that BitGo, a digital asset infrastructure company, released its first-quarter financial report. The data shows that the company's total revenue for the quarter was $3.8 billion, a year-on-year increase of 112.6%, but a quarter-on-quarter decrease of 38.7%; net loss was $60.7 million, compared to a net loss of $25.7 million in the same period last year; adjusted EBITDA loss was $1.7 million, compared to a profit of $3.9 million in the same period last year; basic and diluted loss per share was $0.62, compared to $0.69 in the same period last year. As of March 31st, the company held $186.6 million in cash and cash equivalents, and its digital asset treasury contained 2,449 bitcoins with a fair value of approximately $167.1 million.