Stock Fundamentals

Company Information

Company Name
Bakkt Holdings Inc
Sector
Technology
Industry
Software - Infrastructure
Exchange
NYSE
ISIN: US05759B1070
CIK: 0001820302
CUSIP: 05759B107
Currency: USD
Full Time Employees: 559
Phone: 678 534 5849
Fiscal Year End: December
IPO Date: Nov 19, 2020
Description:

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. It serves client, such as financial institutions, fintechs, broker-dealers, neobanks, registered investment advisers, funds, merchants, and other businesses. It markets its products and services using various business-to-business channels, such as direct marketing, including email marketing and targeted digital advertisements; indirect marketing; and its website, blog, and social media platforms. The company offers its services in the United States, Latin America, Europe, and Asia. The company was formerly known as Bakkt Holdings, Inc. and changed its name to Bakkt, Inc. in January 2026. Bakkt, Inc. was founded in 2018 and is headquartered in New York, New York.

Address:

One Liberty Plaza, New York, NY, United States, 10006

Directors & Officers

Name Title Year Born
Ms. Karen J. Alexander CFA CFO & Principal Financial Officer 1971
Mr. Nicholas Baes Chief Operating Officer 1979
Mr. Akshay Naheta CEO & Director 1982
Mr. Joe Henderson VP, Chief Accounting Officer & Principal Accounting Officer 1971
Mr. Marc D'Annunzio J.D. General Counsel & Corporate Secretary 1973
Mr. Ankit Khemka Chief Product Officer NA

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 877.90K Sep 30, 2025 3.41% $0.00 146.40%
Weiss Asset Management LP 812.64K Dec 31, 2025 3.15% $0.11 0.00%
Vanguard Group Inc 737.59K Dec 31, 2025 2.86% $0.00 10.99%
Renaissance Technologies Corp 562.10K Dec 31, 2025 2.18% $0.01 0.00%
Susquehanna International Group, LLP 494.13K Sep 30, 2025 1.92% $0.00 4,639.84%
Two Sigma Investments LLC 475.78K Dec 31, 2025 1.85% $0.01 0.00%
Geode Capital Management, LLC 432.52K Sep 30, 2025 1.68% $0.00 74.98%
Marshall Wace Asset Management Ltd 349.93K Sep 30, 2025 1.36% $0.01 0.00%
Horizon Asset Management Inc/ny 328.53K Sep 30, 2025 1.28% $0.13 -2.01%
State Street Corp 209.88K Sep 30, 2025 0.81% $0.00 237.89%
Private Advisor Group, LLC 157.73K Sep 30, 2025 0.61% $0.03 0.00%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 137.43K Sep 30, 2025 0.53% $0.01 65.71%
Tidal Investments LLC. 130.12K Dec 31, 2025 0.51% $0.00 0.00%
Two Sigma Advisers, LLC 117.41K Dec 31, 2025 0.46% $0.00 0.00%
Citadel Advisors Llc 87.69K Sep 30, 2025 0.34% $0.00 0.00%
Northern Trust Corp 87.51K Sep 30, 2025 0.34% $0.00 105.97%
NorthCrest Asset Management, LLC 70.00K Sep 30, 2025 0.27% $0.07 0.00%
COINFUND MANAGEMENT LLC 55.26K Dec 31, 2025 0.21% $0.95 0.00%
Squarepoint Ops LLC 54.67K Dec 31, 2025 0.21% $0.00 0.00%
Nuveen, LLC 46.27K Sep 30, 2025 0.18% $0.00 -61.66%

Shares Statistics

Shares Outstanding: 24.04M
Shares Float: 15.59M
% Insiders: 5,183.10%
% Institutions: 2,818.50%
Short % Float: 15.96%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 BlackRock Inc 877.90K 3.41% ▲ 146.40% Sep 30, 2025
2 Weiss Asset Management LP 812.64K 3.15% ▲ 0.00% Dec 31, 2025
3 Vanguard Group Inc 737.59K 2.86% ▲ 10.99% Dec 31, 2025
4 Renaissance Technologies Corp 562.10K 2.18% ▲ 0.00% Dec 31, 2025
5 Susquehanna International Group, LLP 494.13K 1.92% ▲ 4,639.84% Sep 30, 2025
6 Two Sigma Investments LLC 475.78K 1.85% ▲ 0.00% Dec 31, 2025
7 Geode Capital Management, LLC 432.52K 1.68% ▲ 74.98% Sep 30, 2025
8 Marshall Wace Asset Management Ltd 349.93K 1.36% ▲ 0.00% Sep 30, 2025
9 Horizon Asset Management Inc/ny 328.53K 1.28% ▼ 2.01% Sep 30, 2025
10 State Street Corp 209.88K 0.81% ▲ 237.89% Sep 30, 2025

Valuation Metrics

Enterprise Value: $195.38M
Trailing P/E: 0.00
Forward P/E: 0.00

Financial Highlights

Market Cap: $445.19M
EBITDA: $-67.14M
Book Value: $6.95
Earnings/Share: $-5.71
Profit Margin: -1.07%
Operating Margin: -4.89%
ROA (TTM): -5.84%
ROE (TTM): -65.79%
Revenue (TTM): $3.85B
Revenue/Share (TTM): $490.31
Earnings Growth (YOY): 0.00%
Revenue Growth (YOY): 22.50%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios (Yearly)

Financial Ratios (Quarterly)

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2024-12-31 1.33x 0.13x 0.77x N/A -0.05x
2023-12-31 1.10x 0.08x 0.86x N/A -0.03x
2022-12-31 3.54x 0.03x 0.26x 877.80x 0.00x
2021-12-31 6.30x 0.04x 0.05x -664.36x -0.12x
2020-12-31 2.59x 0.00x 0.17x -665.95x -0.02x
2019-12-31 6.50x 0.00x 0.09x N/A 0.00x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Dec 19, 2025 Joseph Sean-Walsh Henderson N/A Sale 2.46K $10.01 $24.63K
Nov 12, 2025 Joseph Sean-Walsh Henderson N/A Sale 169.00 $21.50 $3.63K
Aug 22, 2025 Akshay Sudhir Naheta N/A Purchase 30.00K $8.55 $256.50K
Aug 21, 2025 Akshay Sudhir Naheta N/A Purchase 150.00K $8.12 $1.22M
Jul 15, 2025 Andrew A Main N/A Sale 14.44K $18.21 $262.95K
Jul 15, 2025 Andrew A Main N/A Sale 14.44K $18.21 $262.95K
Jul 15, 2025 Joseph Sean-Walsh Henderson N/A Sale 95.00 $18.75 $1.78K
Jul 15, 2025 Karen Alexander N/A Sale 671.00 $18.21 $12.22K
Jul 15, 2025 Marc D'annunzio N/A Sale 559.00 $18.21 $10.18K
Jul 15, 2025 Marc D'annunzio N/A Sale 559.00 $18.21 $10.18K
May 14, 2025 De'ana Dow N/A Sale 19.20K $12.89 $247.49K
May 14, 2025 Marc D'annunzio N/A Sale 10.00K $14.21 $142.10K

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