BitGo Stock Surges 20% on $50M Buyback as Shares Languish 65% Below IPO Price
Crypto infrastructure provider BitGo announced a $50 million share repurchase program on Wednesday, sending its stock up as much as 20% in early trading. The move signals confidence from the company’s board even as the digital asset sector faces headwinds from declining crypto prices and investor attention shifting toward artificial intelligence stocks. The buyback authorization…
