what's Bakkt Holdings, Inc.?
Bakkt Holdings, Inc. is a technology company specializing in cryptocurrency solutions, offering custody, trading, and onramp services for businesses and institutions. It provides a SaaS and API platform that enables regulated digital asset trading, storage, and integration into loyalty programs and payments. Founded in 2018 and majority-owned by Intercontinental Exchange (ICE), which also owns the NYSE, Bakkt operates in the U.S. and internationally through entities like Bakkt Crypto Solutions for retail APIs and fiat-to-crypto conversions. The platform supports Bitcoin and other cryptocurrencies, focusing on compliant, secure experiences via partnerships for ACH/wire onramps. Bakkt emphasizes responsible crypto adoption, powering embedded trading for partners while generating revenue from subscriptions, services, and transaction fees.
Bakkt acquired DTR for stablecoin settlement and neobanking, also diluted shares by 31.5%.
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x.com/bakktAcquired DTR to consolidate stablecoin settlement infrastructure and prepare for neobanking strategy launch with multiple distribution partners in the coming months.
Diluted shares by 31.5% to acquire the CEO's company.
Bakkt partners with Tether-backed Oobit to launch tap-to-pay solution in the United States, integrating with multiple non-custodial wallets and providing instant fiat payouts to merchants through Visa rails.
An insider files updated Form 4 with SEC regarding personal holdings.
Q3 2025 profit reaches $28.7 million, a 241% year-over-year increase, while shares decline 11%.
Distribution partnerships for Bakkt Agent are in development, according to CEO statement on earnings call.
Company announces Richard Galvin as new board member during earnings call.
Lyn Alden joins the board, described as one of the world's most respected investment strategists and a renowned expert on money and technology.
Dual-class share structure collapsed into single class of common shares, removing barriers for institutional investment.
Stock reaches new 52-week high at $45.70 with 34% gains, breaking above the previous $43.40 high from October 2nd and showing continued strong upward momentum.
Stock achieves new 52-week high at $43.40 with 28% gains, surpassing the recently raised analyst price target of $40.
Trading halted pending news announcement.
Benchmark analyst Mark Palmer raises price target to $40.
New board of directors appointment announced.
Bakkt Holdings announces $1 billion funding initiative, significantly larger than the previously planned $75M raise.
Strategic partnership established to bring xStocks trading to Tron blockchain ecosystem.
$115M investment secures 30% stake in Marusho Hotta, rebranding to "bitcoin.jp" to launch Bitcoin treasury services in Japan.
Acquires 30% stake in MaruhoHotta (8105 JP) to implement BTC treasury strategy through Japanese entity.
Plans $75M raise to acquire Bitcoin and digital assets as part of crypto-focused strategy.
Sells loyalty business for $11M and raises capital through share offering to fund Bitcoin purchases.
Strategic expansion into Asian markets prioritizes Singapore for regulatory clarity while exploring Hong Kong opportunities.
Files investment policy update allowing $1B acquisition of Bitcoin and digital assets through various funding sources.
Files $1 billion shelf registration with SEC, with portion of proceeds potentially allocated to Bitcoin purchases.
Qualified custodian faces severe financial distress with reported unprofitability and potential bankruptcy risk.
Token rising from 911k to 35M market cap, with potential Trump Media deal mentioned.
Reached 17.5M ATH, then broke 20M ATH. Project associated with Trump and potential Elon involvement.
Reached 10M market cap.
Dual ticker system with BKKT, predicted to reach 100M market cap.
Up 192% on news of potential acquisition by Trump's media group. Speculation about Trump buying Bakkt's crypto arm.
Reported to be in acquisition talks with Trump's social media group. Stock jumped 123% on the news. Trading venue being considered for purchase.