BKKT icon

Bakkt Holdings

10.00 USD
+0.33
3.41%
At close Updated Sep 18, 9:54 AM EDT
1 day
3.41%
5 days
1.42%
1 month
8.23%
3 months
-21.2%
6 months
7.18%
Year to date
-60.69%
1 year
-8.84%
5 years
-96.36%
10 years
-96.36%
 

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: 559

0
Funds holding %
of 7,463 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

250% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 6

211% more call options, than puts

Call options by funds: $1.65M | Put options by funds: $531K

107% more capital invested

Capital invested by funds: $11.9M [Q1] → $24.6M (+$12.7M) [Q2]

100% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 9

32% more funds holding

Funds holding: 44 [Q1] → 58 (+14) [Q2]

5.18% more ownership

Funds ownership: 20.95% [Q1] → 26.13% (+5.18%) [Q2]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$13
30% upside
Avg. target
$13
30% upside
High target
$13
30% upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Benchmark
Mark Palmer
$13
Buy
Initiated
8 Sep 2025

Financial journalist opinion

Based on 4 articles about BKKT published over the past 30 days

Neutral
Business Wire
14 hours ago
Bakkt Holdings Acquires bitcoin.co.jp Domain
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) today announced that it has decided to forgo the rights to the domain www.bitcoin.jp and has instead finalized the acquisition of the Web domain www.bitcoin.co.jp. The Company believes that this is the premier domain name suffix for Japan, more akin to the “.com” domain name elsewhere in the world. About Bakkt Founded in 2018, Bakkt builds solutions that enable our clients to grow with the crypto econ.
Bakkt Holdings Acquires bitcoin.co.jp Domain
Neutral
Business Wire
2 days ago
Bakkt Eliminates All Remaining Long-term Debt
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) today announced it has redeemed its outstanding 0.00% convertible debenture due June 18, 2026, eliminating all remaining long-term debt. Following this redemption, all obligations under the debenture, originally issued in June 2024, have been satisfied in full. Bakkt now has no outstanding long-term debt obligations, further strengthening the Company's financial position and providing balance sheet fl.
Bakkt Eliminates All Remaining Long-term Debt
Negative
Benzinga
7 days ago
What's Next For Bakkt? Investor Panic, Legal Trouble, And An Uncertain Future
Bakkt Holdings, Inc. BKKT is under pressure after investors filed a lawsuit on April 2, 2025. The issue centers around Bakkt's strong dependence on one major client, Webull Pay LLC, which brought in 74% of its crypto services revenue during the first nine months of 2024.
What's Next For Bakkt? Investor Panic, Legal Trouble, And An Uncertain Future
Positive
PYMNTS
9 days ago
Benchmark Says Bakkt's Licenses Support New Crypto-Focused Business Model
Broker Benchmark reportedly initiated coverage of Bakkt with a buy rating, saying the company's regulatory footprint supports its efforts to “reboot” by shedding parts of its business and sharpening its focus on a “brokerage-in-a-box” for institutions, a bitcoin treasury program and a stablecoin payments network.
Benchmark Says Bakkt's Licenses Support New Crypto-Focused Business Model
Neutral
Seeking Alpha
1 month ago
Bakkt Holdings, Inc. (BKKT) Q2 2025 Earnings Conference Call Transcript
Bakkt Holdings, Inc. (NYSE:BKKT ) Q2 2025 Earnings Conference August 11, 2025 5:00 PM ET Company Participants Akshay Naheta - Co-CEO & Director Andrew A. Main - President, Co-CEO & Director Cody Fletcher - Corporate Participant Karen J.
Bakkt Holdings, Inc. (BKKT) Q2 2025 Earnings Conference Call Transcript
Neutral
Business Wire
1 month ago
Bakkt Reports Second Quarter 2025 Results
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt,” “Company,” “we” or “us”) (NYSE: BKKT) announced its financial and operational results for the quarter ended June 30, 2025 and provided an update on certain business developments. Management Commentary: Andy Main, former President and Co-CEO of Bakkt said, “Over the past year as CEO of Bakkt, we strategically realigned the company to position it to unlock its full potential—streamlining operations, reducing costs, exiting non-core.
Bakkt Reports Second Quarter 2025 Results
Neutral
Business Wire
1 month ago
Bakkt Holdings to Acquire Shares of Japanese Company Marusho Hotta; Company to be Renamed bitcoin.jp; Transaction Expected to Kick Off Bakkt's Multinational Bitcoin Treasury Strategy
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) announced that it has entered into a share purchase agreement with RIZAP Group, Inc. to acquire approximately 30% of the outstanding shares of MarushoHotta Co., Ltd. (“MHT”), a Tokyo-listed company (TSE: 8105). The acquisition would make Bakkt the largest shareholder of MHT. As part of the transaction, Phillip Lord, President of Bakkt International, will become Chief Executive Officer of MHT, and MHT.
Bakkt Holdings to Acquire Shares of Japanese Company Marusho Hotta; Company to be Renamed bitcoin.jp; Transaction Expected to Kick Off Bakkt's Multinational Bitcoin Treasury Strategy
Neutral
Business Wire
1 month ago
Bakkt Schedules Conference Call to Discuss Second Quarter 2025 Results
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) today announced that it will release its second quarter 2025 results on Monday, August 11, 2025, after market close. Management will host a conference call at 5:00 PM ET on the same day to review the results. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to join at https://events.q4inc.com/attendee/400104648 or dial in at (833) 470-1428 o.
Bakkt Schedules Conference Call to Discuss Second Quarter 2025 Results
Neutral
Business Wire
1 month ago
Bakkt Announces Closing of $75 Million Public Offering
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) today announced the closing of its previously announced underwritten public offering of 6,753,627 shares of Class A common stock and pre-funded warrants to purchase up to 746,373 shares of Class A common stock at a public offering price of $10.00 per share and public offering price of $9.9999 per pre-funded warrant, which represents the per share public offering price of each share of Class A common s.
Bakkt Announces Closing of $75 Million Public Offering
Neutral
Business Wire
1 month ago
Bakkt Announces Pricing of $75 Million Public Offering
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) today announced the pricing of its previously announced underwritten public offering of 6,753,627 shares of Class A common stock and pre-funded warrants to purchase up to 746,373 shares of Class A common stock at a public offering price of $10.00 per share and public offering price of $9.9999 per pre-funded warrant, which represents the per share public offering price of each share of Class A common s.
Bakkt Announces Pricing of $75 Million Public Offering
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