# EDGAR Filing Document

**Accession Number:** 0001908561
**File Stem:** 0001908561-26-000002
**Filing Date:** 2026-1
**Character Count:** 12485
**Document Hash:** 19d2c0547558fccac40e67d2d5a1ab98
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001908561-26-000002.hdr.sgml**: 20260121

**ACCESSION NUMBER**: 0001908561-26-000002

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260121

**FILED AS OF DATE**: 20260121

**DATE AS OF CHANGE**: 20260121

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Belshe Michael
- **CENTRAL INDEX KEY:** 0001908561

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-43057
- **FILM NUMBER:** 26549474

**MAIL ADDRESS:**
- **STREET 1:** 2443 ASH ST.
- **CITY:** PALO ALTO
- **STATE:** CA
- **ZIP:** 94306
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BITGO HOLDINGS, INC.
- **CENTRAL INDEX KEY:** 0001740604
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 823998490
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 2443 ASH STREET
- **CITY:** PALO ALTO
- **STATE:** CA
- **ZIP:** 94306
- **BUSINESS PHONE:** (650) 847-0009

**MAIL ADDRESS:**
- **STREET 1:** 2443 ASH STREET
- **CITY:** PALO ALTO
- **STATE:** CA
- **ZIP:** 94306

## Ex-24

**LIMITED POWER OF ATTORNEY**

The undersigned hereby constitutes and appoints Edward Reginelli, Chen Fang and Jody Mettler, and each of them, as long as they are providing services to BitGo Holdings, Inc. or its related entities (the ***"Company"***), the undersigned's true and lawful attorney-in-fact to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) execute for and on behalf of the undersigned, in the undersigned's capacity as an officer and/or director of the Company, Forms 3, 4 and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended (the ***"Exchange Act"***), and the rules and regulations thereunder;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) do and perform any and all acts for and on behalf of the undersigned that may be necessary or desirable to complete and execute any such Forms 3, 4 and 5 and timely file such forms with the Securities and Exchange Commission and any stock exchange or similar authority, if required; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) take any other action of any type whatsoever in connection with the foregoing that, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion.

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform each and every act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution and revocation, hereby ratifying and confirming all that each such attorney-in-fact, or each such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that each of the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Exchange Act.

The undersigned agrees that each such attorney-in-fact may rely entirely on information furnished orally or in writing by the undersigned to each such attorney-in-fact. The undersigned also agrees to indemnify and hold harmless the Company and each such attorney-in-fact against any losses, claims, damages or liabilities (or actions in these respects) that arise out of or are based on any untrue statement or omission of necessary facts in the information provided by the undersigned to such attorney-in-fact for purposes of executing, acknowledging, delivering and filing Forms 3, 4 or 5 (including amendments thereto) and agrees to reimburse the Company and each such attorney-in-fact for any legal or other expenses reasonably incurred in connection with investigating or defending against any such loss, claim, damage, liability or action.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 28th day of July, 2025.

*<u>/s/ Michael A. Belshe</u>*

Name: Michael A. Belshe

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

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Belshe Michael<br><sub>(Last) (First) (Middle)</sub><br>C/O BITGO HOLDINGS, INC.<br>101 S. REID STREET, SUITE 307, PMB# 9793<br><sub>(Street)</sub><br>SIOUX FALLS, SD 57103<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>BITGO HOLDINGS, INC. [ BTGO ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2026-01-21 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director   [X] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_CEO, President, CTO_ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 1000000<sup>(1)</sup> | D |  |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Class B Common Stock | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 2319070 | <sup>(2)</sup> | D |  |
| Class B Common Stock | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 910489 | <sup>(2)</sup> | I | By Trust<sup>(3)</sup> |
| Class B Common Stock | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 723589 | <sup>(2)</sup> | I | By Trust<sup>(4)</sup> |
| Class B Common Stock | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 910489 | <sup>(2)</sup> | I | By Trust<sup>(5)</sup> |
| Class B Common Stock | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 723589 | <sup>(2)</sup> | I | By Trust<sup>(6)</sup> |
| Class B Common Stock | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 910489 | <sup>(2)</sup> | I | By Trust<sup>(7)</sup> |
| Class B Common Stock | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 723589 | <sup>(2)</sup> | I | By Trust<sup>(8)</sup> |
| Class B Common Stock | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 910489 | <sup>(2)</sup> | I | By Trust<sup>(9)</sup> |
| Class B Common Stock | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 723589 | <sup>(2)</sup> | I | By Trust<sup>(10)</sup> |
| Stock Option (Right to Buy) | <sup>(11)</sup> | 2032-10-05 | Class A Common Stock | 2000000 | $0.21 | D |  |
| Stock Option (Right to buy) | <sup>(12)</sup> | 2029-09-17 | Class A Common Stock | 562860 | $0.18 | D |  |

---

### Footnotes:

(1) Includes 1,000,000 restricted stock units ("RSUs") that vest in accordance with the terms of the award. Each RSU represents a contingent right to receive one share of Class A Common Stock.  The Reporting Person has a right to exchange shares of Class A common stock issuable upon settlement of the RSUs for shares of the Issuer's Class B common stock pursuant to the terms of an Equity Exchange Rights Agreement between the Issuer and the Reporting Person.

(2) Each share of Class B Common Stock is convertible into one share of the lssuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.

(3) These shares are held by The AB Grantor GST Exempt Trust under The Belshe/Xu Family 2021 Irrevocable Trust, of which the Reporting Person is trustee.

(4) These shares are held by The AB Non-Grantor GST Exempt Trust under The Belshe/Xu Family 2021 Irrevocable Trust, of which the Reporting Person is trustee.

(5) These shares are held by The CB Grantor GST Exempt Trust under The Belshe/Xu Family 2021 Irrevocable Trust, of which the Reporting Person is trustee.

(6) These shares are held by The CB Non-Grantor GST Exempt Trust under The Belshe/Xu Family 2021 Irrevocable Trust, of which the Reporting Person is trustee.

(7) These shares are held by The CW Grantor GST Exempt Trust under The Belshe/Xu Family 2021 Irrevocable Trust, of which the Reporting Person is trustee.

(8) These shares are held by The CW Non-Grantor GST Exempt Trust under The Belshe/Xu Family 2021 Irrevocable Trust, of which the Reporting Person is trustee.

(9) These shares are held by The ZW Grantor GST Exempt Trust under The Belshe/Xu Family 2021 Irrevocable Trust, of which the Reporting Person is trustee.

(10) These shares are held by The ZW Non-Grantor GST Exempt Trust under The Belshe/Xu Family 2021 Irrevocable Trust, of which the Reporting Person is trustee.

(11) The options vested as to 1/48th of the award on October 14, 2022, and the remaining 75% of the options will vest in equal monthly installments thereafter until such time as the options are 100% vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date. The Reporting Person has a right to exchange shares of Class A common stock issuable upon exercise of the options for shares of the Issuer's Class B common stock pursuant to the terms of an Equity Exchange Rights Agreement between the Issuer and the Reporting Person.

(12) The option, from which certain shares have been previously exercised, is fully vested.  The Reporting Person has a right to exchange shares of Class A common stock issuable upon exercise of the options for shares of the Issuer's Class B common stock pursuant to the terms of an Equity Exchange Rights Agreement between the Issuer and the Reporting Person.

**Signature:** /s/ Edward Reginelli, Attorney-in-Fact  
**Date:** 2026-01-21

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**