STOCK TITAN

Bakkt Holdings Stock Price, News & Analysis

BKKT NYSE

Company Description

Overview

Bakkt Holdings Inc (BKKT) operates as an advanced technology platform that connects the digital economy by bridging the gap between digital assets and traditional consumer and institutional needs. With a focus on digital asset liquidity, regulatory compliance, and secure digital custody, Bakkt provides a comprehensive ecosystem that caters to the dynamic world of cryptocurrencies, loyalty programs, gaming assets, and merchant stored value. The company's platform is built to support both experienced market participants and everyday consumers, offering them a streamlined, user-friendly digital experience. This includes capabilities for buying, selling, and storing digital assets while enabling instant liquidity and flexible redemption options. The robust design of its platform underscores its commitment to transparency and trust in a regulated market environment.

Business Model and Revenue Streams

Bakkt generates revenue through a combination of subscription-based services, transactional fees, and service charges associated with its secure digital custody solutions and loyalty redemption systems. Its business model is structured around several key elements:

  • Institutional-Grade Custody Solutions: Designed to meet the rigorous requirements of large-scale investors, the custody platform provides a secure storage solution for digital assets, ensuring compliance with regulatory standards.
  • Digital Asset Trading and Liquidity: The platform aggregates various digital assets, making them easily accessible for trading and transfers, thereby promoting instant digital liquidity for consumers and businesses alike.
  • Loyalty and Redemption Systems: Beyond crypto custody, Bakkt’s technology facilitates the management, transfer, and redemption of loyalty points and merchant stored values, adding significant utility for both consumers and participating merchants.
This multifaceted approach not only diversifies its revenue streams but also positions Bakkt as a pivotal player in developing a more accessible and transparent digital asset market.

Stock Performance

$10.79
+7.26%
+0.73
Last updated: April 25, 2025 at 04:49
-53.26 %
Performance 1 year
$53.1M
Market Cap
13.7M
Shares outstanding

SEC Filings

No SEC filings available for Bakkt Holdings.

Financial Highlights

$3,490,220,000
Revenue (TTM)
-$103,447,000
Net Income (TTM)
-$7.97
Diluted EPS (TTM)
-$21,203,000
Operating Cash Flow
-2.96%
Net Profit Margin
-2.66%
Oper. Profit Margin

Upcoming Events

Frequently Asked Questions

What is the current stock price of Bakkt Holdings (BKKT)?

The current stock price of Bakkt Holdings (BKKT) is $10.06 as of April 24, 2025.

What is the market cap of Bakkt Holdings (BKKT)?

The market cap of Bakkt Holdings (BKKT) is approximately 53.1M.

What is the revenue (TTM) of Bakkt Holdings (BKKT) stock?

The trailing twelve months (TTM) revenue of Bakkt Holdings (BKKT) is $3,490,220,000.

What is the net income of Bakkt Holdings (BKKT)?

The trailing twelve months (TTM) net income of Bakkt Holdings (BKKT) is -$103,447,000.

What is the earnings per share (EPS) of Bakkt Holdings (BKKT)?

The diluted earnings per share (EPS) of Bakkt Holdings (BKKT) is -$7.97 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Bakkt Holdings (BKKT)?

The operating cash flow of Bakkt Holdings (BKKT) is -$21,203,000.

What is the profit margin of Bakkt Holdings (BKKT)?

The net profit margin of Bakkt Holdings (BKKT) is -2.96%.

What is the operating margin of Bakkt Holdings (BKKT)?

The operating profit margin of Bakkt Holdings (BKKT) is -2.66%.

What is the current ratio of Bakkt Holdings (BKKT)?

The current ratio of Bakkt Holdings (BKKT) is 1.33, indicating the company's ability to pay short-term obligations.

What is the operating income of Bakkt Holdings (BKKT)?

The operating income of Bakkt Holdings (BKKT) is -$92,916,000.

What is the core business of Bakkt Holdings Inc?

Bakkt Holdings Inc operates a technology platform that facilitates digital asset custody, trading, and loyalty point redemption. The platform connects various digital asset classes, including cryptocurrencies, gaming assets, and merchant stored value.

How does Bakkt generate its revenue?

The company generates revenue through a combination of subscription services, transaction fees, and service charges associated with its digital asset custody solutions and loyalty reward systems.

What makes Bakkt’s platform unique in the digital asset space?

Bakkt distinguishes itself with its institutional-grade, regulated platform that offers secure custody solutions, transparent pricing, and API-driven digital experiences. This multi-faceted approach addresses both institutional and consumer needs.

How does Bakkt ensure security and transparency?

Bakkt operates within a fully regulated environment, implementing robust custody measures and transparent pricing protocols to ensure that transactions and asset management meet high security and compliance standards.

What types of digital assets does Bakkt support?

Bakkt supports a broad spectrum of digital assets, including cryptocurrencies, loyalty program points, gaming assets, and merchant stored values, offering users flexibility in managing and converting these assets.

How does Bakkt benefit merchants?

Merchants benefit from Bakkt's platform by enjoying lower payment acceptance costs, enhanced customer engagement, and innovative redemption options that reduce loyalty liabilities and streamline overall operational efficiency.

What sectors of the economy does Bakkt operate in?

Bakkt operates at the intersection of digital finance, fintech, and blockchain technology, serving sectors that range from institutional investment to consumer digital asset management and loyalty program administration.

How is Bakkt’s technology integrated with other digital platforms?

Bakkt utilizes a robust suite of APIs and embedded web experiences to ensure seamless interaction with third-party services. This integration enables broader application of its digital asset management and loyalty redemption capabilities.