Welcome to our dedicated page for Bakkt SEC filings (Ticker: BKKT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Bakkt, Inc. filings document the regulatory record of a public financial technology company focused on digital asset and programmable finance infrastructure. Its SEC disclosures cover operating and financial results, Regulation FD materials, shareholder letters, material-event reports, and securities registered for trading, including Class A common stock and warrants.
Bakkt’s proxy and 8-K filings also address governance matters, executive compensation, shareholder voting items, share-issuance approvals, material agreements, and capital-structure actions such as an at-the-market equity program. The filing record includes notices related to annual-report timing and formal disclosures tied to special meetings, securities issuance mechanics, and public-company reporting obligations.
Bakkt, Inc. (BKKT) reported that Matthew A. White serves as its Chief Financial Officer, effective August 17, 2026. This Form 3 is an initial statement of beneficial ownership, and it does not list any reportable holdings or transactions in Bakkt, Inc. securities for Mr. White.
Bakkt, Inc. (BKKT) director Alfred Michael reported an open-market purchase of 296,567 shares of Class A Common Stock on 2026-08-18. The shares were bought indirectly through Alpine Fox LP, over which he has control, at a weighted-average price of $7.12 per share in multiple trades between $6.88 and $7.32. Following this transaction, his indirect holdings through the limited partnership total 1,201,567 shares of Class A Common Stock. The filing’s Rule 10b5-1 box was unchecked, indicating the trade was not reported as made under a 10b5-1 trading plan.
Bakkt, Inc. reported a planned chief financial officer transition. Karen Alexander will step down as CFO and principal financial officer effective August 14, 2026, and serve as an advisor and consultant through December 31, 2026, earning consulting fees at an annualized rate of $400,000 plus a potential recovery-based payment of up to $160,000 and a $200,000 cash payment in exchange for forfeited unvested equity awards, subject to conditions. The company appointed Matt White as CFO and principal financial officer effective August 17, 2026 under an employment agreement providing a $300,000 base salary, eligibility for a discretionary bonus, and inducement equity awards of 90,000 RSUs and 60,000 options at an exercise price of $10.00 per share, with multi-year vesting and severance protections tied to certain termination and Change in Control scenarios. The company stated that Ms. Alexander’s separation is not due to any disagreement with management or the external auditor.
Alyeska Investment Group, L.P., Alyeska Fund GP, LLC and Anand Parekh report that they no longer beneficially own any shares of Bakkt, Inc. Class A common stock. The filing states they hold 0 shares, representing 0% of the class, with no sole or shared voting or dispositive power over any Bakkt shares.
Bakkt, Inc. reported crypto services revenue of $170.1 million for the quarter ended June 30 2026, compared with $568.1 million a year earlier, generating an operating loss from continuing operations of $19.6 million. A large unrealized gain of $98.5 million on Transchem Limited warrants, plus warrant-liability remeasurement and interest income, drove net income from continuing operations to $80.8 million versus a prior-year loss.
Total assets rose to $403.6 million from $162.8 million at year-end, reflecting the DTR acquisition, which added $92.0 million of goodwill and new identifiable intangibles. Cash and cash equivalents increased to $50.0 million, aided by $69.6 million of equity offerings, though operating activities used $26.9 million of cash in the first half.
Management’s going‑concern analysis cites the strengthened cash position and recent capital raises, concluding there is no substantial doubt about the company’s ability to continue as a going concern for 12 months after issuance, while noting ongoing losses, an accumulated deficit of $836.0 million, and significant uncertainty in digital‑asset markets.
Bakkt, Inc. reported Q2 2026 results with GAAP net income of $80.8 million, or $1.96 basic and $1.94 diluted EPS, compared with a net loss of $14.7 million in Q2 2025. Profitability was driven primarily by a $98.5 million non-cash gain from the change in fair value of Transchem warrants and a $1.4 million non-cash gain on a legacy warrant liability.
Total revenue was $170.1 million, down 70.0% from $568.1 million a year earlier, reflecting client transitions and weaker industry trading volumes; most revenue is offset by $169.3 million of crypto costs and execution, clearing and brokerage fees. Adjusted EBITDA loss widened to $11.8 million from $9.8 million. Cash, cash equivalents and restricted cash were $50.7 million as of June 30, 2026, up from $27.5 million at year-end, with no long-term debt, supported by equity raises totaling about $69.6 million. Total Transacting Volume was $168.8 million in Q2 and $410.0 million year to date, while Strategic Asset Value from Bakkt Global positions was $118.5 million, including the Transchem warrants carried at $107.9 million.
Bakkt, Inc. amended a prior report to replace an exhibit with revised audited 2025 consolidated financial statements for its recently acquired subsidiary, Distributed Technologies Research Global Ltd (DTR Global), a Cyprus-based fintech software group. DTR Global reported total assets of EUR 4,534,675, largely comprising intangible assets of EUR 3,695,885, including goodwill and crypto assets, and cash and bank balances of EUR 373,857.
Equity at year-end was EUR 3,397,943, built on share capital of EUR 11,768,611 and additional capital contributions, offset by an accumulated loss of EUR 8,452,978. For 2025 the group recorded a loss of EUR 8,435,181, driven by general and administrative expenses of EUR 5,234,668 and impairment expenses of EUR 3,205,828, mainly a write-off of a related-party balance. Current liabilities totaled EUR 1,136,732, primarily amounts due to related parties and other payables. Subsequent to year-end, the group was acquired by Bakkt Holdings, Inc..
BlackRock, Inc. reports beneficial ownership of Class A stock of Bakkt Inc. BlackRock and its reporting business units beneficially own 2,452,659 Bakkt Class A shares, representing 5.5% of the class.
BlackRock reports sole voting power2,419,374 shares and sole dispositive power2,452,659 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no single client holds more than five percent of Bakkt’s total outstanding common shares.
Bakkt, Inc. general counsel and secretary Marc D'Annunzio reported selling 539 shares of Class A Common Stock on 2026-07-15 at $8.44 per share. The sale covered tax obligations from restricted stock unit vesting, and he now directly holds 108,278 shares, including 12,829 subject to continued vesting.
Bakkt, Inc. Chief Financial Officer Alexander Karen reported selling 657 shares of Class A Common Stock on July 15, 2026 at $8.44 per share. A footnote states the sale was to cover tax obligations from restricted stock unit vesting. Following the transaction, he directly owns 53,542 shares, including 12,829 shares underlying restricted stock units that remain subject to vesting.