BTGO (BitGo Holdings) Moat Score: 3/10 (As of Jul. 06, 2026)


BTGO BitGo Holdings Inc BTGO
13 GF Score
Price $5.42
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What is BitGo Holdings Moat Score?

BitGo Holdings BTGO +5.97% 13 Moat Score is 3 as of Jul. 06, 2026. GuruFocus rates BTGO with a GF Score™ of 13/100. Among 839 Capital Markets companies, BitGo Holdings ranks better than 89.87% on this metric.

BitGo Holdings has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

BitGo Holdings has No Moat: BitGo Holdings Inc operates in the competitive digital asset custody space with low switching costs and minimal regulatory barriers. The company lacks significant brand strength or proprietary technology.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes BitGo Holdings might have No Moat - Very weak/transient advantages.


BitGo Holdings  (NYSE:BTGO) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

BitGo Holdings Moat Score Related Terms


BTGO vs AXG, GEMI, CSHR: Moat Score Comparison

For the Capital Markets subindustry, BitGo Holdings's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BitGo Holdings Moat Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BitGo Holdings's Moat Score distribution charts can be found below:

* The bar in red indicates where BitGo Holdings's Moat Score falls into.


BTGO
13GF Score
BitGo Holdings Inc BTGO
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 3 mean?
BitGo Holdings (BTGO) has a Moat Score of 3 as of Jul. 06, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, BitGo Holdings ranks #85 out of 839 companies in the Capital Markets industry, placing it in the top 10.1%.
Is BitGo Holdings' Moat Score too high?
BitGo Holdings' current Moat Score is 3. Based on the distribution chart, BitGo Holdings ranks #85 out of 839 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, BitGo Holdings has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does BitGo Holdings' Moat Score compare to AXG and GEMI?
According to the Capital Markets industry distribution chart, BitGo Holdings ranks #85 out of 839 companies for Moat Score. This places BitGo Holdings in the top 10% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Capital Markets company?
A good Moat Score depends on the Capital Markets industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. BitGo Holdings's current Moat Score is 3. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BitGo Holdings stock overvalued right now?
BitGo Holdings (BTGO) has a current Moat Score of 3. The current Moat Score is 3. BitGo Holdings' overall GF Score™ is 13/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For BitGo Holdings (BTGO), the current Moat Score is 3 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

BitGo Holdings Business Description

Other Exchanges O7S:Germany
Address 101 S. Reid Street, Suite 307, PMB No. 9793, Sioux Falls, SD, USA, 57108
BitGo Holdings Inc provides various offerings to its clients including multi-signature blockchain wallet solutions allowing for secure storage, trade settlement, staking solutions, and lending of digital assets. The Company also provides professional services to develop smart contracts. Its clients range from crypto-native companies that use its self-custody wallet technology to traditional financial services firms that leverage its licensed custody, staking and trading capabilities within their own products and services.
13GF Score

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