Bakkt Revenue Drops 77% in Q1 Amid Stablecoin Strategy Shift
Bakkt's Q1 revenue fell 77% as it pivots to stablecoin infrastructure, acquiring DTR and partnering with Zoth to target $1B in payment volumes.
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Crypto custody and trading infrastructure for institutions.
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Bakkt Inc builds digital financial infrastructure designed to support institutional participation in the digital asset economy. The company platform is built to accommodate various digital assets and offers its clients the flexibility to build a product that aligns with its vision and customers' needs. Its services include Bakkt Markets, Bakkt Agent, Bakkt Global.
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Bakkt's Q1 revenue fell 77% as it pivots to stablecoin infrastructure, acquiring DTR and partnering with Zoth to target $1B in payment volumes.
Bakkt (BKKT) last closed at $5.98 on October 14, 2026. Quotes are delayed at least 15 minutes.
Over the past 52 weeks BKKT has traded between $5.88 and $47.18.
Bakkt has a market capitalisation of about $291.15 million.
BKKT trades on NYSE, in the Finance Services industry.
Bakkt last executed a 1-for-25 stock split on April 29, 2024.
Blockchain.News publishes BKKT coverage and price forecasts on this page, with 35 stories filed so far. This is information, not investment advice.
BKKT's 14-day relative strength index (RSI) is 30.5, which is neutral on the standard 30/70 scale. RSI measures the speed of recent price moves, not a price target — this is not investment advice.
BKKT's 50-day moving average is currently below its 200-day moving average — a Death Cross (bearish long-term trend) in classic technical-analysis terms. Moving-average crossovers describe past price behaviour, not a forecast.
Coverage is for information only and is not investment advice. Stock prices can move quickly and past performance does not guarantee future results.
Quotes are delayed at least 15 minutes. Last updated .