Added to YB: 2025-10-28
Pitch date: 2025-10-25
BKKT [neutral]
Bakkt, Inc.
-74.62%
current return
Author Info
No bio for this author
Company Info
Bakkt, Inc. engages in digital building financial infrastructure. The company offers Bakkt Market solutions which enables institutions to launch secure, compliant, and advanced digital asset brokerage, trading and payment capabilities through a plug-and-play platform; Bakkt Agent provides programmable access to Bakkt’s financial infrastructure through an intelligent software layer that coordinates onboarding, account creation, funding, and global money movement; and Bakkt Global enables Bakkt to expand its technology and infrastructure into international markets through strategic investments in jurisdiction-specific entities operating in regulated financial markets.
Market Cap
$225.2M
Pitch Price
$30.06
Price Target
N/A
Dividend
N/A
EV/EBITDA
-1.73
P/E
-1.23
EV/Sales
0.08
Sector
Capital Markets
Category
N/A
Beware BKKT - Bakkt Holdings Inc.
BKKT (bearish): $1B market cap for money-losing crypto pivot post-WeBull contract loss (74% revenue decline). 3 pillars: low-margin brokerage (2bps fees, single-digit millions revenue), stablecoin acquisition disguised as DTR deal ($170M-$270M for commodity product), Bitcoin Japan stake ($90M in declining co). CEO conflict of interest leading both BKKT & DTR. Est <$50M 2026 net revenue, no profitability path.
Read full article (3 min)