Bakkt's Financial Report: Positive Revenue Growth and Optimistic Outlook for the Future

Blockchain enthusiasts, we have good news for you! Bakkt, a digital asset company owned by Intercontinental Exchange (ICE), recently released a financial report. Let’s take a look at the highlights in this report!

First of all, Bakkt’s total revenue in 2023 reached US$780 million. Although the net loss was US$226 million, this number is already considerable. Even more exciting is that the company expects revenue to grow significantly to $5.1 billion in 2024, with a potential year-on-year growth of up to 555%!

Of course, as revenue grows, Bakkt also expects its crypto-related costs to remain consistent. The forecast range is between $3.2 billion and $5.02 billion.

Overall, although the market attitude is neutral, this financial report undoubtedly brings a glimmer of optimism to the future of Bitcoin. Let’s wait and see if Bakkt can achieve this goal in the coming years!

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