News list for " baked"
Bakkt (ticker: BKKT), a crypto platform owned by the New York Stock Exchange, announced the appointment of tech entrepreneur Mike Alfred to its board of directors, sending the company's shares soaring more than 40% in intraday trading on Monday. As of 2:23 p.m. ET, its shares were trading at $14.95, up 43% in a single day. Mike Alfred is a well-known figure in the field of digital assets. He is currently the founder and managing partner of investment institution Alpine Fox, and also serves as a ...
NYSE-listed digital asset custody and trading platform Bakkt released its quarterly financial and operating results for the quarter ended June 30, 2025, in which it disclosed that the company's quarterly crypto services revenue reached $577.90 million, an increase of 13.3% year-on-year, and total operating expenses were $596.40 million, an increase of 12.1% year-on-year. In addition, the second quarter raised $75 million to strengthen the balance sheet and further advance the bitcoin financial s...
Bakkt, a New York Stock Exchange-listed company, has publicly issued Class A common shares and/or pre-funded warrants pricing through an underwriting public offering. The company will issue 746,373 Class A common shares ($10 per share) and 6,753,627 shares for a total proceeds of approximately $75 million. The company plans to use the funds to purchase bitcoin and other digital assets, as well as for Working Funds and general corporate purposes.
Bakkt, a crypto trading and custody company listed on the New York Stock Exchange, announced that its board of directors has formally approved an updated corporate investment strategy that allows a portion of the funds to be allocated for investing in bitcoin and other leading cryptocurrencies. Bakkt said it will adopt a prudent strategy to strengthen its capital structure while maintaining rigorous risk management, while leveraging the management team's experience in their respective capital ma...
Law firm Pomerantz announced that it has filed a class action lawsuit against NYSE-listed digital asset marketplace Bakkt over whether Bakkt and certain of its officers and/or directors engaged in securities fraud or other illegal business conduct. It is reported that Bakkt previously revealed that Webull Pay will terminate its commercial agreement with the company effective June 14, 2025, and in the nine months ended September 30, 2024, and the full year ended December 31, 2023, Webull accounte...
US crypto custody and trading platform Bakkt has been sued by investors for making false or misleading statements without fully disclosing that it relied heavily on key customers such as Webull for revenue. The lawsuit, led by investor Guy Serge A. Franklin, was filed in the Federal Court for the Southern District of New York on April 2 and asks for a jury trial. The plaintiffs allege that Webull contributed 74% of Bakkt's crypto services revenue between 2023 and 2024, while Bank of America acco...
Bakkt Holdings lost $2.95 per share in the fourth quarter. The operating loss in the fourth quarter was 11.70 million yuan, down 85% year-on-year.
On March 10, Axios reported that Apex Fintech, a fintech company that specializes in embedding stock trading into applications, is considering acquiring Bakkt, a crypto platform originally spun off from Intercontinental Exchange (ICE). Notably, this potential acquisition comes two years after Bakkt acquired Apex's crypto business for up to $200 million in 2022. At the time, the deal appeared to be driven by strict regulation from the Biden administration. After the Axios report, Bakkt shares ros...
According to Lookonchain, a user snapped up BAKED and earned 21,511 SOL ($3 million) in 30 minutes, an increase of 307 times. In addition, the team and insiders controlled 763.80 million BAKED (76.38% of the total supply).
据Lookonchain监测，某用户抢购BAKED，30分钟内获利21,511枚SOL（300万美元），收益增加了307倍，此外，该团队和内部人士控制着7.638亿枚BAKED（占总供应量的76.38%）。
