Bakkt Holdings, Inc. operates a digital asset platform. The company's platform enables consumers to buy, sell, convert, and spend digital assets. Its customers include merchants, retailers, and financial institutions. Bakkt Holdings, Inc. has a strategic alliance with the Global Payments to collaborate on use cases starting with enabling cryptocurrency redemption in customer loyalty programs offered by bankcard clients, as well as expanding its banking-as-a-service offerings to include consumer access to cryptocurrency. The company was formerly known as VPC Impact Acquisition Holdings and changed its name to Bakkt Holdings, Inc. The company was founded in 2018 and is headquartered in Alpharetta, Georgia. Bakkt Holdings, Inc. is a subsidiary of Intercontinental Exchange Holdings, Inc.
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it will release its first quarter 2024 earnings on Tuesday, May 14, 2024, before market open. Management will host a conference call at 9:00 a.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to dial (833) 470-1428 or (404) 975-4839, and reference particip.
Bakkt (NYSE: BKKT ) stock has been on a wild ride recently as the company's shares underwent a reverse stock split last week. That reverse stock split took place when markets closed on Friday.
Bakkt Holdings, Inc. (BKKT) came out with a quarterly loss of $0.29 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to earnings of $1.52 per share a year ago.
Crypto infrastructure firm Bakkt completed two securities purchase agreements collectively worth $32.4 million on Monday after it warned investors of a cash crunch last month.
When Bakkt launched in 2018, the markets were ecstatic. “Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, is now in the bitcoin business,” read the MIT Technology Review.
Bakkt has expanded its crypto trading capabilities to Brazil, Guatemala, Spain, Hong Kong and Singapore. This expansion broadens Bakkt's footprint in Latin America and marks its entry into Asia, the provider of custody, trading and onramp capabilities for the crypto economy said in a Wednesday (Jan. 24) press release.
Bakkt Holdings, Inc. (BKKT) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Bakkt Holdings, a provider of crypto trading and custody services, is prioritizing international expansion as a key component of its business strategy. The company aims to enter nine new international markets by the end of the year, recognizing the potential for growth and revenue generation outside of the challenging U.S.