Baes Nicholas sold $11K of BKKT

Bakkt (NYSE: BKKT) shares rose 5.4% to $8.70 after announcing an expansion of its global commercial team. The company added senior executives with expertise in institutional markets, payments, and digital assets to accelerate product commercialization and strategic partnerships. New hires include Aman Ghose, Mark Hiriart, and Dean Salmon.

ALFRED MICHAEL purchased 296,567 indirectly-held shares of Bakkt, Inc. (BKKT) at $7.12 ($2.11M total) on 2026-08-18.

Bakkt (BKKT) reported Q2 2026 revenue of $170.1 million, down 70% from $568.1 million, citing client transitions and weaker digital asset trading volumes. GAAP net income was $80.8 million, driven mainly by a $98.5 million non-cash gain from Transchem warrants. Total transacting volume was $168.8 million; management reiterated an EBITDA breakeven target in Q4 2026.

Bakkt’s CEO Akshay Naheta said the company expects adjusted EBITDA break-even in Q4 2026, without a specific date, citing execution and client activations. Management discussed take rates, cross-border margins, and reaffirmed a 2026 TTV target of about $2.5 billion. The firm outlined post-DTR acquisition progress and Bakkt Agent MAU target of ~25,000 by year-end 2026.

Bakkt, Inc. (BKKT) filed an SEC Form 8-K — Results of Operations and Financial Condition. Bakkt Reports Second Quarter 2026 Results - GAAP net income of $80.8 million, or $1.96 per basic and $1.94 per diluted share - Six commercial offerings live across Bakkt Markets; Total Transacting Volume (“TTV”) of $168.8 million in Q2, including payments volume generated on acqu

ALFRED MICHAEL purchased 280,000 indirectly-held shares of Bakkt, Inc. (BKKT) at an average of $7.75 ($7.71–$7.83, $2.17M total) across 2 trades over 2026-06-09 to 2026-06-10.