BitGo Holdings, Inc. Schedule 13G filing reports shared beneficial ownership positions held by a group of Valor-related entities and Antonio J. Gracias. The filing lists a shares outstanding base of 107,104,027 shares as of May 7, 2026 used to calculate percentages.
The excerpt shows multiple Valor entities holding 9,814,773 shares (9.2%) each for certain Fund-related records, Valor Management/Valor Funds and Antonio J. Gracias shown with 12,538,608 shares (11.7%), and the Valor VI funds holding smaller amounts such as 1,736,377 shares (1.6%). Signatures indicate joint filing and reporting by the listed Valor entities and Mr. Gracias.
Positive
None.
Negative
None.
Insights
Group ownership disclosed across multiple Valor entities, with single-digit and low double-digit stakes.
The filing lists beneficial ownership amounts tied to specific Valor entities and to Antonio J. Gracias, using an issuer-provided outstanding share base of May 7, 2026 (107,104,027 shares) to compute percentages. The largest listed share position is 12,538,608 shares (11.7%).
These holdings are described as shared voting and dispositive power across the Valor structure; the ultimate control relationships are laid out in the filing. Subsequent filings would show any changes to these stakes or disclosures of voting arrangements.
Key Figures
Shares outstanding used:107,104,027 sharesValor / Valor Management position:12,538,608 sharesValor Digital / several Valor funds position:9,814,773 shares+2 more
5 metrics
Shares outstanding used107,104,027 sharesas of May 7, 2026
Valor / Valor Management position12,538,608 sharesreported as 11.7% of class
Valor Digital / several Valor funds position9,814,773 sharesreported as 9.2% of class
Valor Equity Partners VI L.P. position1,736,377 sharesreported as 1.6% of class
"Amount beneficially owned: See row 9 of the cover pages."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
reporting personregulatory
"Each of the following is hereinafter individually referred to as a Reporting Person"
cover page percentagesregulatory
"Percent of class set forth in row 11 of each cover page is based on the number of shares"
The filing attributes specific positions of Valor entities, including 12,538,608 shares (11.7%) and multiple entries of 9,814,773 shares (9.2%), calculated using 107,104,027 shares outstanding as of May 7, 2026.
Who is reported as a joint filer with Valor in the Schedule 13G?
The joint filers are Valor-related entities and Antonio J. Gracias, listed individually and collectively as Reporting Persons with a common address in Chicago, IL.
How is the 11.7% ownership figure determined?
The 11.7% (12,538,608 shares) percentage is computed by the filing using the issuer-reported 107,104,027 shares outstanding as of May 7, 2026, as stated in the excerpt.
Do the listed positions reflect sole voting power?
No. The cover-page rows show 0 sole voting power and the positions are recorded as shared voting and dispositive power for the listed Valor entities and Mr. Gracias.
What address is given for the Reporting Persons?
The filing lists the Reporting Persons' address as 320 North Sangamon Street, Suite 1200, Chicago, IL 60607 for all Valor entities and related filers.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
BITGO HOLDINGS, INC.
(Name of Issuer)
Class A Common Stock, $0.0001 par value per share
(Title of Class of Securities)
091947101
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
091947101
1
Names of Reporting Persons
Valor Digital Investments, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
9,814,773.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
9,814,773.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
9,814,773.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.2 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
091947101
1
Names of Reporting Persons
Valor Equity Partners IV L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
9,814,773.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
9,814,773.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
9,814,773.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.2 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
091947101
1
Names of Reporting Persons
Valor Equity Partners IV-A L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
9,814,773.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
9,814,773.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
9,814,773.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.2 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
091947101
1
Names of Reporting Persons
Valor Equity Partners IV-B L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
9,814,773.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
9,814,773.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
9,814,773.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.2 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
091947101
1
Names of Reporting Persons
Valor Equity Associates IV L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
9,814,773.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
9,814,773.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
9,814,773.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.2 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
091947101
1
Names of Reporting Persons
Valor Equity Capital IV LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
9,814,773.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
9,814,773.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
9,814,773.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.2 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
091947101
1
Names of Reporting Persons
Valor Equity Partners VI L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,736,377.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,736,377.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,736,377.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.6 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
091947101
1
Names of Reporting Persons
Valor Equity Partners VI-A L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
37,755.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
37,755.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
37,755.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.0 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
091947101
1
Names of Reporting Persons
Valor Equity Partners VI-B L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
949,703.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
949,703.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
949,703.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.9 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
091947101
1
Names of Reporting Persons
Valor Equity Associates VI L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,723,835.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,723,835.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,723,835.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.5 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
091947101
1
Names of Reporting Persons
Valor Equity Capital VI LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,723,835.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,723,835.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,723,835.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.5 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
091947101
1
Names of Reporting Persons
Valor Management L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
12,538,608.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
12,538,608.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
12,538,608.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
11.7 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
091947101
1
Names of Reporting Persons
Valor Funds Group LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
12,538,608.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
12,538,608.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
12,538,608.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
11.7 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
091947101
1
Names of Reporting Persons
Antonio J. Gracias
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
12,538,608.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
12,538,608.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
12,538,608.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
11.7 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
BITGO HOLDINGS, INC.
(b)
Address of issuer's principal executive offices:
101 S. Reid Street, Suite 307, PMB# 9793, Sioux Falls, SD 57108
Item 2.
(a)
Name of person filing:
Each of the following is hereinafter individually referred to as a Reporting Person and collectively as the Reporting Persons:
(1) Valor Digital Investments, LLC
(2) Valor Equity Partners IV L.P.
(3) Valor Equity Partners IV-A L.P.
(4) Valor Equity Partners IV-B L.P.
(5) Valor Equity Associates IV L.P.
(6) Valor Equity Capital IV LLC
(7) Valor Equity Partners VI L.P.
(8) Valor Equity Partners VI-A L.P.
(9) Valor Equity Partners VI-B L.P.
(10) Valor Equity Associates VI L.P.
(11) Valor Equity Capital VI LLC
(12)Valor Management L.P
(13) Valor Funds Group LLC
(14) Antonio J. Gracias
(b)
Address or principal business office or, if none, residence:
The address of each Reporting Person is 320 North Sangamon Street, Suite 1200, Chicago, IL 60607.
(c)
Citizenship:
Each entity Reporting Person is organized under the laws of Delaware. Mr. Gracias is a citizen of the United States.
(d)
Title of class of securities:
Class A Common Stock, $0.0001 par value per share
(e)
CUSIP Number(s):
091947101
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See row 9 of the cover pages.
(b)
Percent of class:
See row 11 of the cover pages.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See row 5 of the cover pages.
(ii) Shared power to vote or to direct the vote:
See row 6 of the cover page.
(iii) Sole power to dispose or to direct the disposition of:
See row 7 of the cover pages.
(iv) Shared power to dispose or to direct the disposition of:
See row 8 of the cover pages.
Valor Digital Investments, LLC ("Valor Digital") and Valor Equity Partners VI L.P., Valor Equity Partners VI-A L.P. and Valor Equity Partners VI-B L.P. (collectively, the "Valor VI Funds" and together with Valor Digital, the "Valor Funds") are the holders of record of the shares reported herein. Valor Funds Group LLC is the general partner of Valor Management L.P., which is the managing member of (i) Valor Equity Capital IV LLC, which is the general partner of Valor Equity Associates IV L.P., which, in turn, is the general partner of each of Valor Equity Partners IV L.P, Valor Equity Partners IV-A L.P. and Valor Equity Partners IV-B L.P. that are the members of Valor Digital; and (ii) Valor Equity Capital VI LLC, which is the general partner of Valor Equity Associates VI L.P., which, in turn, is the general partner of each of the Valor VI Funds. By virtue of his positions with certain of the foregoing Valor entities, Antonio Gracias may be deemed to share beneficial ownership, as determined under Section 13(d) of the Securities Exchange Act of 1934 and the rules and regulations thereunder, over the shares of BitGo Holdings, Inc. held of record by the Valor Funds. The inclusion of Mr. Gracias in this Schedule 13G as a reporting person shall not be construed as an admission that such person is, for the purposes of Sections 13(d) or 13(g) of the Act, the beneficial owner of any securities covered by this Schedule 13G.
Percent of class set forth in row 11 of each cover page is based on the number of shares of Class A common stock outstanding as of May 7, 2026 (107,104,027 shares) as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on May 14, 2026.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Valor Digital Investments, LLC
Signature:
/s/ Antonio J. Gracias
Name/Title:
Antonio J. Gracias/Manager
Date:
06/05/2026
Valor Equity Partners IV L.P.
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Equity Associates IV L.P., its general partner
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Equity Capital IV LLC, its general partner
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Management L.P., its managing member
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Antonio J. Gracias/CEO
Date:
06/05/2026
Valor Equity Partners IV-A L.P.
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Equity Associates IV L.P., its general partner
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Equity Capital IV LLC, its general partner
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Management L.P., its managing member
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Antonio J. Gracias/CEO
Date:
06/05/2026
Valor Equity Partners IV-B L.P.
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Equity Associates IV L.P., its general partner
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Equity Capital IV LLC, its general partner
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Management L.P., its managing member
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Antonio J. Gracias/CEO
Date:
06/05/2026
Valor Equity Associates IV L.P.
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Equity Capital IV LLC, its general partner
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Management L.P., its managing member
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Antonio J. Gracias/CEO
Date:
06/05/2026
Valor Equity Capital IV LLC
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Management L.P., its managing member
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Antonio J. Gracias/CEO
Date:
06/05/2026
Valor Equity Partners VI L.P.
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Equity Associates VI L.P., its general partner
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Equity Capital VI LLC, its general partner
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Management L.P., its managing member
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Antonio J. Gracias/CEO
Date:
06/05/2026
Valor Equity Partners VI-A L.P.
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Equity Associates VI L.P., its general partner
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Equity Capital VI LLC, its general partner
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Management L.P., its managing member
Date:
06/05/2026
Signature:
/s/ Antonio J. Gracias
Name/Title:
Antonio J. Gracias/CEO
Date:
06/05/2026
Valor Equity Partners VI-B L.P.
Signature:
/s/ Antonio J. Gracias
Name/Title:
Valor Equity Associates VI L.P., its general partner
