Bakkt: Expected revenue to exceed $5 billion in 2024
2024-03-26 14:59:55
Bakkt, a digital asset company under the Intercontinental Exchange (ICE), released its financial report, showing strong growth in total revenue to $780 million in 2023, but a net loss of $226 million. The company expects revenue to significantly increase to $5.1 billion in 2024, with a potential year-on-year growth of 555%. However, Bakkt expects its encryption related costs to remain consistent with revenue growth, with a forecast range of $3.2 billion to $5.02 billion. (Financefeeds)
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
