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Bakkt Releases Q2 Financial Report: Total Revenue Up 13.3% to Nearly $5.8 Billion, Advances Bitcoin Reserve Strategy
Summary: According to reports, Bakkt, a digital asset custody and trading platform listed on the New York Stock Exchange, has released its quarterly financial and operational performance report for the quarter ending June 30, 2025. The report reveals that the company's total revenue for the quarter from crypto services reached $5.779 billion, a 13.3% year-on-year increase, ...
According to reports, Bakkt, a digital asset custody and trading platform listed on the New York Stock Exchange, has released its quarterly financial and operational performance report for the quarter ending June 30, 2025. The report reveals that the company's total revenue for the quarter from crypto services reached $5.779 billion, a 13.3% year-on-year increase, with total operating expenses at $5.964 billion, up 12.1% year-on-year. Additionally, in the second quarter, $75 million was raised to strengthen the balance sheet and further advance the Bitcoin financial strategy, including the acquisition of Tokyo-listed company MarushoHotta to launch Bakkt's Japanese Bitcoin financial strategy.
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Link: Bakkt Releases Q2 Financial Report: Total Revenue Up 13.3% to Nearly $5.8 Billion, Advances Bitcoin Reserve Strategy [Copy]
