Financially, Bakkt ended the third quarter debt-free with $64.4 million in cash. While the company reported a net loss of $23.2 million, its adjusted EBITDA climbed 241% to $28.7 million, signaling that the company’s operational “reset” is yielding results.
Further details of the transaction and share issuance will be disclosed in Bakkt’s Form 8-K filing with the U.S. Securities and Exchange Commission (SEC) on April 30, 2026. The company plans to outline the next phase of this growth strategy at its upcoming Investor Day in early 2026.
