Bakkt HoldingsBKKT
About: Bakkt Holdings Inc operates technology that connects the digital economy by offering a platform for crypto and redeeming loyalty points. Its institutional-grade technology platform provides a custody solution that caters to more experienced market participants to store crypto and provides consumers, businesses, and institutions with the ability to buy, sell, and store crypto in a simple, intuitive digital experience accessed via application programming interfaces (APIs) or embedded web experience, and Loyalty offers a full spectrum of content that clients can make available to its customers when redeeming loyalty currencies. It generates revenue in the form of Subscription and service and Transaction revenue.
Employees: 747
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
853% more call options, than puts
Call options by funds: $3.6M | Put options by funds: $378K
0.47% less ownership
Funds ownership: 23.28% [Q2] → 22.81% (-0.47%) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
16% less funds holding
Funds holding: 56 [Q2] → 47 (-9) [Q3]
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
50% less capital invested
Capital invested by funds: $27.4M [Q2] → $13.6M (-$13.8M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for BKKT.