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Bakkt Postpones Shareholder Vote on New Class A Shares

Story Highlights
  • Bakkt adjourned its March 24, 2026 special shareholder meeting to April 17 to secure more votes.
  • Despite about 99% support among votes cast for the DTR-related share issuance, Bakkt lacked a quorum.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bakkt Postpones Shareholder Vote on New Class A Shares

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An announcement from Bakkt Holdings, Inc. Class A ( (BKKT) ) is now available.

On March 24, 2026, Bakkt convened but immediately adjourned a special shareholders’ meeting without conducting business, pushing the session to April 17, 2026, to allow more time for investors to vote on issuing new Class A shares tied to its acquisition of Distributed Technologies Research Global Ltd. As of March 23, 2026, about 48.2% of outstanding shares had submitted proxies and roughly 99.1% of those supported the issuance, but the company failed to secure a quorum, leaving the record date, agenda and previously submitted proxies unchanged for the reconvened virtual meeting.

The most recent analyst rating on (BKKT) stock is a Sell with a $8.50 price target. To see the full list of analyst forecasts on Bakkt Holdings, Inc. Class A stock, see the BKKT Stock Forecast page.

Spark’s Take on BKKT Stock

According to Spark, TipRanks’ AI Analyst, BKKT is a Neutral.

The score is held down primarily by weak financial performance (ongoing losses, sustained cash burn, and a sharp 2025 revenue decline) and bearish technicals (price below key moving averages with negative MACD). Offsetting factors include a more constructive earnings-call outlook with improving adjusted EBITDA and strategic product/partnership initiatives, plus improved liquidity from the recent $48M financing and a debt-free balance sheet.

To see Spark’s full report on BKKT stock, click here.

More about Bakkt Holdings, Inc. Class A

Bakkt Holdings, Inc. operates in the digital assets and financial technology industry, providing platforms and services that enable the buying, selling and management of digital assets. The company is listed on the New York Stock Exchange and uses its Class A Common Stock as a key vehicle in structuring strategic transactions and acquisitions in the digital asset space.

Average Trading Volume: 1,548,727

Technical Sentiment Signal: Sell

Current Market Cap: $270.8M

For an in-depth examination of BKKT stock, go to TipRanks’ Overview page.

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