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TechFlow reported, according to CoinDesk, digital asset platform Bakkt has issued a warning stating the company may not be able to continue operations.
In a filing submitted to the U.S. Securities and Exchange Commission, Bakkt stated: "We may not be able to continue as a going concern. We believe our cash and restricted cash will not be sufficient to support operations for the 12 months following the filing of this document."
According to CoinDesk, digital asset platform Bakkt has issued a warning that the company may not be able to continue operations. In a filing with the U.S. Securities and Exchange Commission, Bakkt stated: "We have concluded that there is substantial doubt about our ability to continue as a going concern. We believe our cash and restricted cash will not be sufficient to support operations for the 12 months following the date of this filing."
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