Bakkt Holdings Reports Estimated Q2 2025 Revenues Up to $579M Amid Loyalty Business Sale

Reuters
2025/07/29
Bakkt Holdings Reports Estimated <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Revenues Up to $579M Amid Loyalty Business Sale

Bakkt Holdings Inc. $(BKKT)$ has announced preliminary financial results for the second quarter of 2025. The company estimates total revenues for the three-month period ended June 30, 2025, to be between $577 million and $579 million. Gross crypto revenues are projected to range from $568 million to $569 million, while net loyalty revenues are estimated to be between $9 million and $10 million. In a significant business development, Bakkt has entered into a definitive agreement to sell its Loyalty business. This move marks the final step in Bakkt's transition to a pure-play crypto infrastructure company, as stated by Andy Main, President and Co-CEO of Bakkt. The sale is part of Bakkt's strategic realignment to focus on core crypto offerings and opportunities in the stablecoin payments ecosystem.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bakkt Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250724002394) on July 28, 2025, and is solely responsible for the information contained therein.

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