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Bakkt Holdings, Inc. Class A ( (BKKT) ) has shared an announcement.
On July 23, 2025, Bakkt Holdings, Inc. announced a definitive agreement to sell its Loyalty business to Project Labrador Holdco, LLC, a subsidiary of Roman DBDR Technology Advisors, Inc., as part of its strategic realignment to focus solely on its core crypto offerings and stablecoin payments infrastructure. The transaction, expected to close in the third quarter of 2025, will allow Bakkt to streamline operations and dedicate resources to enhancing its crypto services, aiming for long-term value creation for customers and shareholders.
Spark’s Take on BKKT Stock
According to Spark, TipRanks’ AI Analyst, BKKT is a Neutral.
Bakkt Holdings, Inc.’s stock score is primarily driven by strong technical indicators, despite financial performance challenges. While revenue growth and strategic initiatives are positives, profitability issues and high valuation risk are significant concerns. The stock’s technical momentum provides some support, but fundamental weaknesses limit the overall score.
To see Spark’s full report on BKKT stock, click here.
More about Bakkt Holdings, Inc. Class A
Bakkt Holdings, Inc., founded in 2018 and headquartered in Alpharetta, GA, operates in the crypto infrastructure industry. The company provides institutional-grade trading and onramp capabilities, focusing on sustainable, long-term involvement in the crypto economy.
Average Trading Volume: 562,622
Technical Sentiment Signal: Buy
Current Market Cap: $255.6M
For an in-depth examination of BKKT stock, go to TipRanks’ Overview page.