Mike Belshe , BitGo's chief executive and co-founder, posted on X on June 25, 2026, that the company was "reducing our workforce by nearly 15%". crypto.news reported on June 26, 2026, that BitGo had also filed his post with the U.S. Securities and Exchange Commission, as part of a Form 8-K disclosure. BitGo's 2025 annual report had listed 603 full-time employees as of December 31, 2025. crypto.news calculated that a nearly 15% cut would equal about 90 roles.
· BitGo chief executive Mike Belshe says the custody company is cutting nearly 15% of its workforce
BitGo Cuts 15% of Staff to Focus on AI, Stablecoins
BitGo chief executive Mike Belshe cut nearly 15% of the company's workforce on June 25, 2026, five months after its IPO, to concentrate staff on security, trading, stablecoins, settlement, and AI infrastructure.
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