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Bakkt Expects to Post Losses in 2022 as Investment Ramps Up

The digital asset platform said it plans to spend $150 million to $170 million this year in future growth initiatives, including expanding its crypto offerings.

By Michael Bellusci

Updated May 11, 2023, 7:14 p.m. Published Feb 17, 2022, 2:34 p.m.

Bakkt Holdings, Inc. (NYSE: BKKT) Rings The Closing Bell®

The New York Stock Exchange welcomes executives and guests from Bakkt Holdings, Inc. (NYSE: BKKT), today, Friday, October 22, 2021, in celebration of its recent listing and merger with VPC Impact Acquisition Holdings. To honor the occasion, Gavin Michael, CEO of Bakkt, joined by NYSE President Stacey Cunningham, rings The Closing Bell®.

Photo Credit: NYSE — Bakkt Holdings, Inc. (NYSE: BKKT) Rings The Closing Bell® The New York Stock Exchange welcomes executives and guests from Bakkt Holdings, Inc. (NYSE: BKKT), today, Friday, October 22, 2021, in celebration of its recent listing and merger with VPC Impact Acquisition Holdings. To honor the occasion, Gavin Michael, CEO of Bakkt, joined by NYSE President Stacey Cunningham, rings The Closing Bell®. Photo Credit: NYSE