Bakkt Holdings, Inc. (BKKT) Reports Q1 Loss of $0.14

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Bakkt Reports First Quarter 2022 Results

May 12, 2022 7:30 AM EDT

Quarterly net revenue of $12.5 million, increased 54% year over year

Cash use of $36.1 million during the quarter. Over $355 million of available cash provides significant growth capital

Strong customer activity with digital asset conversion volume up 91% year over year

ALPHARETTA, Ga.--(BUSINESS WIRE)-- Bakkt Holdings, Inc. (Bakkt) (NYSE: BKKT) announced its financial and operational results for the first quarter ended March 31, 2022.

Momentum is building across our business and were proud of our strong year-over-year net revenue growth for the... More