Bakkt, however, toned down its guidance for the year. The digital asset platform now expects net revenue to grow to $57 million to $62 million during 2022, compared with its earlier guidance of $60 million to $80 million. It also expects to use $135 million to $140 million of cash in the year, down from the $150 million to $170 million it had projected earlier.
Digital Asset Platform Bakkt’s Q2 Loss Narrows to $27.6M; Year Revenue Forecast Range Cut
