Bakkt pivots into stablecoin infrastructure as revenue tumbles 77% in Q1

May 12, 2026 - 04:45
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Bakkt pivots into stablecoin infrastructure as revenue tumbles 77% in Q1

Bakkt pivots into stablecoin infrastructure as revenue tumbles 77% in Q1

Bakkt posted a net loss of $0.41 per share in Q1 as revenue fell 77% to $243.6 million on lower crypto trading volumes.

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