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.
The Bakkt Holdings, Inc. (NYSE: BKKT) SEC filings page provides direct access to the company’s regulatory disclosures, along with AI-powered tools to help interpret them. Bakkt is a digital asset infrastructure company founded in 2018 and headquartered in New York, New York, with a focus on Bitcoin, tokenization, stablecoin payments, and AI-driven finance. Its filings with the U.S. Securities and Exchange Commission offer detailed insight into how it structures its business, manages risk, and executes its transformation strategy.
Through its periodic and current reports, investors can review Bakkt’s financial results, segment framing, and commentary on its transition to a pure-play digital asset infrastructure platform. Form 10-Q and 10-K filings describe revenue drivers tied to crypto market activity, operating expenses, and the impact of its digital asset and treasury strategies, while also outlining extensive risk factors related to digital assets, stablecoins, and regulatory developments.
Bakkt’s Form 8-K filings highlight material events such as the completion of its capital structure simplification, the holding company reorganization that created a new Bakkt Holdings, Inc. as successor registrant, and its agreement to acquire Distributed Technologies Research Ltd. Additional 8-Ks detail board and executive changes, earnings call materials, and selective strategic investments, including warrant subscriptions in international counterparties.
On this page, users can also monitor specialized filings, such as Form 12b-25 notifications regarding filing timing and Form 15 filings related to the deregistration of the predecessor entity in connection with the reorganization. AI-powered summaries help explain complex sections of lengthy documents, highlight key changes across reporting periods, and surface information on topics like capital structure, digital asset holdings, and governance. For those researching insider activity and equity-linked instruments, access to filings covering warrants and registration rights agreements provides additional context around Bakkt’s equity and financing arrangements.
Bakkt, Inc. notified the SEC that it was unable to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 because it needs additional time to finalize its consolidated financial statements and for its independent registered public accounting firm to complete its first-year independent audit of the consolidated financial statements and internal control over financial reporting.
The notification was signed by Karen Alexander, Chief Financial Officer, on March 17, 2026.
Bakkt, Inc. reported full-year 2025 results showing a business in transition, with GAAP revenue of
The company posted a GAAP net loss of
Bakkt completed roughly
Bakkt, Inc. insider ownership has been updated following share dilution. Intercontinental Exchange, Inc. and its subsidiary Intercontinental Exchange Holdings, Inc. report beneficial ownership of 8,380,362 shares of Bakkt Class A common stock, representing 27.0% of the class.
This amount includes 7,919,002 outstanding shares plus 461,360 Replacement Warrant Shares underlying warrants that only gain voting power if exercised. The percentage is calculated against 30,562,092 Bakkt Class A shares outstanding as of March 2, 2026. The filing states the change in percentage is due solely to Bakkt issuing additional shares since the prior amendment, and that the reporting persons have not traded Bakkt stock in the past 60 days. ICE has also agreed, under a voting and support agreement, not to transfer certain ICE subject shares until either 120 days after the related purchase agreement date or the Bakkt stockholder meeting to approve the DTR Acquisition.
Bakkt, Inc. has completed a registered direct offering raising approximately
The deal was conducted under an effective Form S-3 shelf registration and closed on or around March 2, 2026. Bakkt plans to use the net proceeds for working capital, general corporate purposes and strategic initiatives. Pre-funded warrants carry a
Bakkt, Inc. General Counsel and Secretary Marc D'Annunzio reported an open-market sale of 785 shares of Class A common stock on February 24, 2026 at a weighted-average price of
The sale was carried out under a pre-established Rule 10b5-1 trading plan adopted on
Bakkt, Inc. is offering 3,024,799 shares of Class A common stock and pre-funded warrants to purchase 2,475,201 shares. The offering price is
The Securities are being sold to a single investor under a purchase agreement dated
Weiss Asset Management and related parties report a passive ownership stake in Bakkt, Inc. The filing shows beneficial ownership of 812,640 shares of Bakkt Class A common stock, representing 3.4% of the class, as of an event date of December 31, 2025.
The shares are held with shared voting and dispositive power and no sole voting or dispositive power. The ownership percentage is calculated against 24,038,434 Class A shares outstanding as of November 6, 2025, as reported in Bakkt’s Form 10-Q. The reporting persons certify the position is held in the ordinary course and not for the purpose of changing or influencing control.
Bakkt, Inc. is asking stockholders to approve issuing new Class A common shares to acquire Distributed Technologies Research Global Ltd. (DTR) in an all‑stock deal. As of the February 10, 2026 record date, 25,761,710 Class A shares were outstanding.
If the issuance is approved, Bakkt expects to issue approximately 9,214,468 new shares as consideration, so that the DTR holders would own about 26.4% of the company’s outstanding voting Class A shares. Additional consideration of up to 725,592 shares may be issued if certain existing warrants are fully exercised for cash.
A special committee of independent directors reviewed and negotiated the transaction, obtained a fairness opinion from Kroll (Duff & Phelps), and unanimously concluded the deal is fair and in the best interests of stockholders other than Akshay Naheta, who is both Bakkt’s CEO and DTR’s principal owner and recused himself from board deliberations.
Bakkt, Inc.
G1 Execution Services, Susquehanna Fundamental Investments, Susquehanna Portfolio Strategies, and Susquehanna Securities together report beneficial ownership of 411,786 Bakkt Class A shares, representing 1.7% of the class. For Susquehanna Securities, this figure includes options to buy 317,988 shares and 2,613 shares issuable upon exercise of warrants.
The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of Bakkt. The ownership percentage is based on 24,038,434 shares outstanding as of November 6, 2025, as disclosed in Bakkt's Form 10-Q.