May. 12 at 1:35 PM
🚨
$BKKT sinks 7.8% aftermarket post earnings… what spooked the markets? 👀
🔹 Q1 Revenue came in at
$243.6M, down 77.1% year over year
🔹 Cash & restricted cash stood at
$82.6M
🔹 Net loss:
$11.7M
🔹 Adjusted EBITDA loss widened to
$13.7M
But here’s the twist👇
✅ Bakkt just closed the DTR acquisition — bringing AI-powered agentic payments engine + stablecoin infrastructure under one roof
✅ Signed strategic partnership with Zoth
Are investors overreacting to the losses… or is BKKT quietly building one of the most interesting regulated stablecoin/payment infrastructure? 🔥
Would you buy the dip here or stay away?
Check what Wall Street is saying here 👉 https://www.zacks.com/stock/research/BKKT/price-target-stock-forecast?cid=sm-stocktwits-0-price_target-oc-38061&ADID=SYND_STOCKTWITS_TWEET_0_PRICETARGET_OC_38061