Group 1 - Bakkt Holdings, Inc. is conducting its Q1 2025 earnings conference call, highlighting its strategic transformation towards becoming a pure play crypto infrastructure company [1][2] - The company is expected to finalize a cooperation agreement with Distributed Technologies Research (DTR) and a commercial agreement by Q3 2025, which will integrate DTR's stablecoin and AI payment infrastructure with Bakkt's regulated platform [3] - Bakkt is divesting its custody business to ICE and is in ongoing discussions regarding its loyalty business, indicating a shift in focus towards the stablecoin payments market and regulatory environment [3]

Bakkt (BKKT) Q1 2025 Earnings Call May 12, 2025 05:00 PM ET Speaker0 Greetings and welcome to the Bakkt First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. As a reminder, this conference call is being recorded. I will now turn it over to Cody Fletcher, Investor Relations Advisor at Bakkt. Please go ahead. Speaker1 Hello, everyone, and thank you for joining Bakkt's first quarter twenty twenty five earnings call. Before we get started, I'd like ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (I.R.S. Employer Identification No.) Registrant's telephone number, including area code: (678) 534-5849 Securities registered pursuant to Section 12(b) of the Act: | Title of each class | Tra ...

First Quarter 2025 Earnings May 12, 2025 Important notice Unless the context otherwise provides, "we," "us," "our," "Bakkt" and like terms refer to Bakkt Holdings, Inc. and its subsidiaries. FORWARD-LOOKING STATEMENTS This presentation and accompanying oral presentation contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include, but are not limited to, Bakkt's gu ...

Bakkt Reports First Quarter 2025 Results ALPHARETTA, GA – May 12, 2025 – Bakkt Holdings, Inc. ("Bakkt," "Company," "we" or "us") (NYSE: BKKT) announced its financial and operational results for the quarter ended March 31, 2025. Co-CEO Comments: "The planned strategic collaboration between DTR and Bakkt will represent a transformative convergence of capabilities that we believe will position us to capture significant share in the rapidly expanding stablecoin payments ecosystem," said Akshay Naheta, Co-CEO of ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Bakkt Holdings, Inc. due to allegations of misleading statements regarding its revenue sources and client relationships, particularly concerning its dependence on Webull and Bank of America [3][5]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses in Bakkt to contact them to discuss their legal options [1]. - A federal securities class action has been filed against Bakkt, with a deadline of June 2, 2025, for investors to seek the role of lead plaintiff [3][8]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [4]. Group 2: Allegations Against Bakkt - The complaint alleges that Bakkt and its executives violated federal securities laws by making false or misleading statements about the stability and diversity of its crypto services revenue [5]. - It is claimed that Bakkt's crypto services revenue was heavily reliant on a single contract with Webull, which accounted for 74% of its crypto services revenue in the nine months ending September 30, 2024 [6]. - Additionally, Bank of America was responsible for 17% of Bakkt's loyalty services revenue, and both companies are terminating their contracts, leading to a projected 73% loss in top-line revenue [6]. Group 3: Market Reaction - Following the announcement of the contract terminations, Bakkt's share price dropped by $3.50, or 27.3%, closing at $9.33 per share on March 18, 2025, with unusually high trading volume [7].

SAN DIEGO, April 21, 2025 /PRNewswire/ -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Bakkt Holdings, Inc. (NYSE: BKKT) securities between March 25, 2024 and March 17, 2025. Bakkt is a technology company that builds software related to the selling, buying, and storage of cryptocurrency.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins ...

NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Bakkt and certain of its offi ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bakkt Holdings, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on June 2, 2025, for a class action lawsuit [1] Group 1: Class Action Details - Investors who bought Bakkt securities between March 25, 2024, and March 17, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 2, 2025 [2] - The lawsuit alleges that Bakkt made false or misleading statements regarding its crypto services revenue and client relationships, which led to investor damages when the truth was revealed [4] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3] - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise in this area [3]

SAN DIEGO, April 16, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Bakkt Holdings, Inc. (NYSE: BKKT) securities between March 25, 2024 and March 17, 2025. Bakkt is a technology company that builds software related to the selling, buying, and storage of cryptocurrency. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Ro ...