📉 Bakkt, a crypto storage and trading company, released its quarterly report, showing total annual revenue of $780.1 million for 2023. The company earned $214.5 million in Q4 2023. The report highlights that the acquisition of Bakkt Crypto (formerly Apex Crypto) was responsible for the growth in crypto services revenue.

🔍 In 2024, Bakkt plans to expand its business by focusing on strategic initiatives, including expanding its customer network and product range.

📈 The company's 2024 revenues are expected to be between $3.2 billion and $5.1 billion, including cryptocurrency revenues of $3.2 billion to $5 billion. However, the company predicts that its crypto expenses will be comparable to revenues, indicating to the possibility of achieving self-sufficiency.