Professional
Added to YB: 2025-06-30
Pitch date: 2025-06-25
BKKT [neutral]
Bakkt, Inc.
-21.63%
current return
Author Info
Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.
Company Info
Bakkt, Inc. engages in building financial infrastructure. The company provides solutions that enable institutional participation in the digital asset economy — spanning Bitcoin, tokenization, stablecoin payments, and AI-driven finance.
Market Cap
$275.0M
Pitch Price
$13.27
Price Target
N/A
Dividend
N/A
EV/EBITDA
-3.45
P/E
-2.13
EV/Sales
0.06
Sector
Capital Markets
Category
N/A
Pernas Research Passes On: Bakkt Holdings, Inc.
BKKT pass: Shifting from crypto custodian to stablecoin payment infrastructure & AI-driven transaction platform. Compelling vision but high execution risk with minimal revenue ($50M) and products not launching until Q3 2025. May be fatally early to programmable money trend.
Read full article (1 min)