Bakkt HoldingsBKKT
Market Cap: $70.4M
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 Q2 SEC filings by fund managers ($100M+ AUM)
426% more call options, than puts
Call options by funds: $7.22M | Put options by funds: $1.37M
40% more capital invested
Capital invested by funds: $19.5M [Q1] → $27.2M (+$7.71M) [Q2]
6.93% less ownership
Funds ownership: 29.99% [Q1] → 23.05% (-6.93%) [Q2]
35% less funds holding
Funds holding: 85 [Q1] → 55 (-30) [Q2]
60% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 50
94% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 33
Research analyst outlook
We haven’t received any recent analyst ratings for BKKT.