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Bakkt Holdings Inc (BKKT) |
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Price: $9.9500
$-0.11 
-1.093%
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| Day's High:
| $10.25
| Week Perf:
| 19.45 %
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| Day's Low: |
$ 9.80 |
30 Day Perf: |
-28.05 % |
| Volume (M): |
192 |
52 Wk High: |
$ 618.44 |
| Volume (M$): |
$ 1,915 |
52 Wk Avg: |
$204.66 |
| Open: |
$9.96 |
52 Wk Low: |
$6.81 |
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| Market Capitalization (Millions $) |
58 |
| Shares
Outstanding (Millions) |
6 |
| Employees |
559 |
| Revenues (TTM) (Millions $) |
3,477 |
| Net Income (TTM) (Millions $) |
-103 |
| Cash Flow (TTM) (Millions $) |
35 |
| Capital Exp. (TTM) (Millions $) |
3 |
Bakkt Holdings Inc
Our platform allows consumers to redeem and convert, spend and pay, send and trade digital assets. This is enabled by our core platforms and infrastructure which provide loyalty integrations, virtual bank/credit cards, travel redemption, buy/sell trading, and digital asset exchange. Additionally, our platform supports "know your customer" ("KYC"), anti-money laundering ("AML"), and other anti-fraud measures to combat financial crime.
Our modern use experience and agile API-enabled platform allows us to partner and easily integrate with companies, including through the following:
Our loyalty redemption service is provided as software as a service ('SaaS') and powers rewards redemption for leading loyalty programs. The service is built upon highly scalable proprietary technology and supports integration with dozens of suppliers and millions of items, both through a mobile-first responsive web app or integrated into partners' apps or sites.
Our digital asset marketplace is an institutional-grade cryptocurrency custody and trading platform, primarily comprised of our custody platform, the Bakkt Warehouse, and our pricing execution engine. The custody platform is purpose-built to safeguard digital assets, with multi-signature wallet policies, hardware security modules and offline storage of private key material, blockchain surveillance and AML/KYC compliance integrated into the core of the platform. Our pricing execution engine is an automated trading system that facilitates the purchase and sale of cryptocurrencies by consumers, and is built to scale on demand leveraging the cloud.
Our proprietary payments platform is a two-sided, fully integrated, cloud-based scalable payments platform. It is deployed using managed container services and managed databases in the cloud to scale on demand. Our payment APIs conform to industry standards and are used by merchants to accept our alternative payment method either in-app, in-store or online.
Company Address: 10000 Avalon Boulevard Alpharetta 30009 GA
Company Phone Number: 534-5849 Stock Exchange / Ticker: 0 BKKT
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| Stock Performances by Major Competitors |
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| Announcement
Published Sat, Apr 5 2025 11:11 PM UTC
Investor Rights and Legal Action Rosen Law Firm, a preeminent global investor rights law firm, has announced significant legal proceedings initiated against Bakkt Holdings, Inc. (NYSE: BKKT). On April 5, 2025, Rosen Law Firm revealed the filing of a class action lawsuit on behalf of purchasers of Bakkt Holdings securities during the period between March 25, 2024, and March 1...
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| Business Update
Published Thu, Jun 6 2024 2:38 PM UTC
Bakkt Holdings, Inc. (NYSE: BKKT), based in Alpharetta, Georgia, continues to make significant strides in the financial technology space. On one front, the company is advancing its technological capabilities, and on another, it is demonstrating robust financial performance. This dual approach positions Bakkt as a formidable player in the cryptocurrency and financial services...
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| Bakkt Holdings Inc
Bakkt Holdings Inc is a company that has experienced impressive revenue growth in recent years, with a year-on-year increase of 6252.564% to $864.58 million in the most recent fiscal period. This growth far outstrips that of many of its competitors in the Miscellaneous Financial Services industry, which saw an average top-line growth of 14.32% in the first quarter of 2024 compared to the same period in 2023.
Despite this strong revenue growth, Bakkt Holdings Inc also reported an increased deficit per share of $-1.86 in the most recent financial period. This represents a significant jump from the previous quarter, where the deficit per share was $-0.25. However, the company did manage to reduce its net loss by approximately 53% compared to the same quarter the previous year, reporting a net deficit of $-21.275 million in the first quarter of 2024.
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| Bakkt Holdings Inc
Bakkt Holdings Inc. (NYSE: BKKT) may have reported impressive revenue growth in the last quarter of 2023, but the company's bottom line is still in the red. Despite a revenue improvement of over 500% year on year, Bakkt announced a net loss of $-0.25 per share. While the company has managed to narrow its deficit from the previous year, the fact remains that Bakkt is still not profitable.
The leadership transition at Bakkt, with Andy Main taking over as the new CEO, raises questions about the company's future direction. Gavin Michael, who is stepping down as CEO, has been instrumental in guiding Bakkt through challenging times. His departure could signal uncertainty within the company and potentially impact future results.
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| Management Changes
Published Mon, Mar 18 2024 8:51 PM UTC
Bakkt Announces Leadership Transition: Andy Main to Succeed Gavin Michael as CEO
In a significant leadership transition, Bakkt Holdings, Inc. (NYSE: BKKT) has announced the appointment of Andy Main as the new President and Chief Executive Officer, effective March 26, 2024. Main will take over from Gavin Michael, who has decided to step down from his position to explore o...
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| Per Share |
Current |
| Earnings (TTM) |
-125.34 $ |
| Revenues (TTM) |
593.98 $
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| Cash Flow (TTM) |
6.02 $ |
| Cash |
6.67 $
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| Book Value |
10.74 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
-125.34 $
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| Revenues (TTM) |
593.98 $ |
| Cash Flow (TTM) |
6.02 $ |
| Cash |
6.67 $
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| Book Value |
10.74 $ |
| Dividend (TTM) |
0 $ |
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| Loyalty redemption platform net |
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 3.46 % |
of total Revenue |
| Crypto services |
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90.53 % |
of total Revenue |
| Transaction revenue |
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92.25 % |
of total Revenue |
| Subscription and service revenue |
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1.74 % |
of total Revenue |
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On February 29 2024 the Bakkt Holdings Inc provided following guidance
ALPHARETTA, Ga. - Bakkt Holdings Inc. (NYSE: BKKT) has released preliminary financial results for the fourth quarter and full year ended December 31, 2023. The company has estimated total revenues for the fourth quarter of 2023 to be between $213 million and $215 million. Additionally, gross crypto revenues for the same quarter are projected to fall within the range of $197 million to $199 million. Net loyalty revenues for the fourth quarter are also expected to be significant.
These strong financial results indicate that Bakkt Holdings Inc. is on track to meet or exceed its previously provided guidance. The company continues to demonstrate its commitment to providing innovative services in the crypto...
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