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BitGo (NYSE: BTGO) switches from Crowe to KPMG as independent auditor

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

BitGo Holdings, Inc. reported that its Audit Committee dismissed Crowe LLP as independent registered public accounting firm on March 31, 2026, after Crowe had audited the company’s consolidated financial statements for the years ended December 31, 2025 and 2024. Crowe’s prior audit reports contained no adverse opinions, disclaimers, or qualifications.

The company states there were no disagreements with Crowe on accounting principles, financial statement disclosure, or audit scope, and no reportable events other than previously disclosed material weaknesses in internal control over financial reporting described in the Form 10-K for the year ended December 31, 2025. Crowe provided a letter to the SEC agreeing with these disclosures, filed as Exhibit 16.1.

On the same date, the Audit Committee approved the engagement of KPMG LLP as BitGo’s new independent registered public accounting firm for the fiscal year ending December 31, 2026. The company reports it did not consult KPMG in advance on specific accounting applications, potential audit opinions, or matters involving disagreements or reportable events.

Positive

  • None.

Negative

  • None.
Item 4.01 Changes in Registrant's Certifying Accountant Governance
The company changed its independent auditing firm, which may involve disagreements on accounting matters.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
independent registered public accounting firm financial
"dismissed Crowe LLP (“Crowe”) as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
material weaknesses in the Company’s internal control over financial reporting financial
"except concerning the material weaknesses in the Company’s internal control over financial reporting as disclosed"
reportable events regulatory
"there were no “reportable events” (within the meaning set forth in Item 304(a)(1)(v) of Regulation S-K)"
Item 304(a)(1)(iv) of Regulation S-K regulatory
"no “disagreements” (within the meaning set forth in Item 304(a)(1)(iv) of Regulation S-K)"
Audit Committee of the Board of Directors financial
"the Audit Committee of the Board of Directors (the “Audit Committee”) of BitGo Holdings, Inc."




UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



FORM 8-K


CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 31, 2026


BitGo Holdings, Inc.
(Exact name of Registrant as specified in its charter)


Delaware
333-290409
82-3998490
(State or Other Jurisdiction of
Incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
101 S. Reid Street, Suite 307, PMB# 9793
Sioux Falls, SD 57103
(Address of principal executive offices,
including zip code))

(650) 847-0009
Registrant’s Telephone Number, Including
Area Code
Not Applicable
(Former name or former address, if changed
since last report)




Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Class A Common Stock, par
value $0.0001 per share
BTGO
The New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o






Item 4.01 Changes in Registrant’s Certifying Accountant

Dismissal of Independent Registered Public Accounting Firm

On March 31, 2026, the Audit Committee of the Board of Directors (the “Audit Committee”) of BitGo Holdings, Inc. (the “Company”) dismissed Crowe LLP (“Crowe”) as the Company’s independent registered public accounting firm.

Crowe’s audit reports on the Company’s consolidated financial statements for the fiscal years ended December 31, 2025 and December 31, 2024 did not contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles.

During the Company’s two most recent fiscal years, which ended December 31, 2025 and December 31, 2024, and the subsequent interim period through March 31, 2026, (i) there were no “disagreements” (within the meaning set forth in Item 304(a)(1)(iv) of Regulation S-K) between the Company and Crowe on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to Crowe’s satisfaction, would have caused Crowe to make reference to the subject matter of the disagreements in connection with their reports; and (ii) there were no “reportable events” (within the meaning set forth in Item 304(a)(1)(v) of Regulation S-K) except concerning the material weaknesses in the Company’s internal control over financial reporting as disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission (the “SEC”) on March 27, 2026.

In accordance with Item 304(a)(3) of Regulation S-K, the Company provided Crowe with a copy of this Current Report on Form 8-K and requested that Crowe furnish it with a letter addressed to the SEC stating whether Crowe agrees with the statements of the Company herein and, if not, stating the respects in which it does not agree. Crowe furnished the requested letter, stating its agreement with such statements, and a copy is filed as Exhibit 16.1 to this Current Report on Form 8-K.

Engagement of New Independent Registered Public Accounting Firm

On March 31, 2026, the Audit Committee approved the engagement of KPMG LLP (“KPMG”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. During the Company’s two most recent fiscal years and the subsequent interim period through March 31, 2026, neither the Company, nor anyone on its behalf, consulted KPMG regarding (i) the application of accounting principles to a specific transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, and neither a written report nor oral advice was provided to the Company that KPMG concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue, or (ii) any matter that was either the subject of a “disagreement” (within the meaning set forth in Item 304(a)(1)(iv) of Regulation S-K and the related instructions to Item 304 of Regulation S-K) or a “reportable event” (within the meaning set forth in Item 304(a)(1)(v) of Regulation S-K).

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit NoDescription
16.1
Letter from Crowe LLP dated March 31, 2026.










SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BitGo Holdings, Inc.
Date:April 6, 2026By:/s/ Edward Reginelli
Edward Reginelli
Chief Financial Officer

FAQ

What auditor change did BitGo Holdings (BTGO) disclose in this 8-K?

BitGo Holdings disclosed that its Audit Committee dismissed Crowe LLP as its independent registered public accounting firm and approved the engagement of KPMG LLP for the fiscal year ending December 31, 2026, marking a transition between external auditors.

Did Crowe LLP’s past audit reports on BitGo (BTGO) contain adverse opinions?

Crowe LLP’s audit reports on BitGo’s consolidated financial statements for the years ended December 31, 2025 and December 31, 2024 did not contain adverse opinions, disclaimers of opinion, or qualifications regarding uncertainty, audit scope, or accounting principles, according to the company’s disclosure.

Were there any disagreements between BitGo (BTGO) and Crowe LLP before dismissal?

The company states there were no disagreements with Crowe LLP on accounting principles or practices, financial statement disclosure, or auditing scope or procedures during the two most recent fiscal years and through March 31, 2026 that would have required reference in Crowe’s audit reports.

Did BitGo (BTGO) consult KPMG LLP on accounting issues before engaging them?

BitGo states that during the two most recent fiscal years and through March 31, 2026, neither the company nor anyone on its behalf consulted KPMG LLP on applying accounting principles, potential audit opinions, or any matters involving disagreements or reportable events.

What did Crowe LLP say about BitGo’s description of its dismissal?

In response to BitGo’s request under Regulation S-K, Crowe LLP furnished a letter to the SEC stating its agreement with the company’s characterization of the relationship and dismissal. This letter is included as Exhibit 16.1 to the current report.

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