BitGo Holdings (BTGO) large holder Redpoint reports stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
BitGo Holdings, Inc. large shareholder entities affiliated with Redpoint Ventures have filed an initial statement of beneficial ownership. The filing lists holdings of 10,484,516 shares of Class A Common Stock as direct ownership and 268,432 shares as indirect ownership through Redpoint Associates V, LLC.
Redpoint Ventures V, LLC is described as the sole general partner of Redpoint Ventures V, L.P. and under common control with Redpoint Associates V, LLC, and may be deemed to beneficially own the shares held by the partnership. The reporting persons each disclaim beneficial ownership except to the extent of their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Redpoint Ventures V, L.P., Redpoint Ventures V, LLC
Role
null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 10,484,516 shares (Direct, null);
Class A Common Stock — 268,432 shares (Indirect, By Redpoint Associates V, LLC)
Footnotes (1)
- [object Object]
Key Figures
Direct Class A holdings: 10,484,516 shares
Indirect Class A holdings: 268,432 shares
Holding entries: 2 entries
+2 more
5 metrics
Direct Class A holdings
10,484,516 shares
Class A Common Stock directly owned after reported date
Indirect Class A holdings
268,432 shares
Class A Common Stock indirectly owned via Redpoint Associates V, LLC
Holding entries
2 entries
Number of Class A Common Stock holding lines in Form 3
Unknown-direction records
2 transactions
Entries classified with unknown transaction direction
Buy transactions
0
No purchases reported in this Form 3
Key Terms
Class A Common Stock, ten percent owner, beneficial ownership, indirect ownership, +1 more
5 terms
Class A Common Stock financial
"The filing lists holdings of Class A Common Stock by Redpoint entities"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
ten percent owner regulatory
"Each Redpoint reporting person is identified as a ten percent owner of BitGo"
beneficial ownership financial
"The statement describes beneficial ownership of shares and related disclaimers"
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.
indirect ownership financial
"268,432 shares are reported as indirect ownership by Redpoint Associates V, LLC"
pecuniary interest financial
"Each reporting person disclaims beneficial ownership except for its pecuniary interest"
FAQ
What does the Redpoint Ventures Form 3 filing for BTGO report?
The filing reports Redpoint-affiliated entities’ existing holdings of BitGo Class A Common Stock. It lists 10,484,516 shares as directly owned and 268,432 shares as indirectly owned through Redpoint Associates V, LLC, without reporting any new buy or sell transactions.
What indirect BitGo (BTGO) holdings do Redpoint entities disclose?
The filing shows indirect ownership of 268,432 BitGo Class A Common Stock shares held through Redpoint Associates V, LLC. These shares are under common control with Redpoint Ventures V, LLC, which has voting and investment control over the partnership’s holdings.
Are Redpoint Ventures entities considered ten percent owners of BTGO?
Yes. Both Redpoint Ventures V, L.P. and Redpoint Ventures V, LLC are identified as ten percent owners of BitGo. This status reflects their sizeable beneficial stake in BitGo’s Class A Common Stock as disclosed in the Form 3 ownership statement.