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Bakkt posts $149m Q3 revenue, down 62.9% year on year

NewsFeeds update

Bakkt reported third-quarter revenue of $149m, down 62.9% from $402m a year earlier on lower crypto trading volume, and net income of $14.3m, or $0.31 per diluted share. It reiterated a 2026 total trading volume target of about $3bn and set $6bn by the first half of 2027.

BitcoinPANewsAIBearish

Read the original on PANews

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.