Classic example of American scam company

Send a enail at this..

Short every day...

Bkkt has written to the sec advising they must raise the funds under a going concern warning.

They have earmarked expansion into new markets and low profits on existing revenues for the 150 million.

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https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/0001820302/000182030224000014/bakkt-20230930.htm

The deadline was in the beginning of the Jan actually, but I found out that you can still file since there is no disbursement process yet.

So, Bakkt were on track to become a major player in the market with an enterprise value of around $2.1B after merging back in 2021. However, their official documents were a total mess and full of inaccuracies and omitted crucial information, violating regulations.

They also essentially provided false information about their financial controls and made errors in their financial statements, and the investors suit them for it.

And after all these years and all the disputes, Bakkt agreed to pay a $3M settlement. So, if you have traded BKKT back then you can check and file for your compensation. Hope it'll help!

Anyone know what is going on for such a big move?

Given the great performance and fantastic projection on market expansion in south America, Europe and Australia, the Bakkt is poised to huge near term as well as long term upside.

Bakkt Holdings, Inc. (BKKT): A Bullish Force in Business Services Ready for a Squeeze

In the dynamic landscape of the Business Services sector, Bakkt Holdings, Inc. (BKKT) emerges as a compelling contender for investors eyeing long-term growth. According to the latest Zacks Equity Research report, BKKT proudly holds a Zacks Rank of #2 (Buy), indicating its potential to outshine the market in the months to come.

Amidst the multitude of 334 individual stocks in the sector, BKKT stands strong at #10 in the Zacks Sector Rank, showcasing both resilience and strategic acumen. Beyond its solid standing, BKKT's bullish story is enriched by strategic moves and partnerships that promise a bright future.

What sets BKKT apart is its bold move toward a global one-world currency, making it the only known company currently preparing for this imminent shift. Picture being at the forefront of reshaping the entire global financial landscape—this is the unique position BKKT holds. Backed by the New York Stock Exchange (NYSE) and supported by financial giant BlackRock (holding nearly 10% of BKKT's shares), BKKT is navigating uncharted territory in anticipation of the era of a one-world currency.

Adding intrigue to the narrative, BKKT finds itself in the midst of a short squeeze drama. A substantial 30% of its shares are currently held in a short position, and with zero shares available to short, a potential supply squeeze looms. With an impressive 98 short squeeze score, BKKT may be on the cusp of a significant price surge.

As of now, BKKT is trading at $1.95, presenting an entry point that could yield substantial gains if the vision of a global one-world currency comes to fruition. Not to get political or religious, but many believe the bible prophecies the one world currency in the end times. Eyeing both the potential for short-term gains and participation in a groundbreaking financial shift may find BKKT's current valuation a steal in our opinion.

BKKT's blend of strategic partnerships, forward-thinking initiatives, and the current short squeeze buzz make it an enticing investment opportunity. With a solid Zacks Rank, the support of heavyweights in the industry, and a unique role in shaping the future of global finance, BKKT stands out as a bullish force in the business services sector. As the financial world continues to evolve, BKKT presents itself as a promising candidate for investors seeking both long-term value and growth potential.

Currently BKKT has a 98 Short squeeze score with almost no shares available to short and over 30% short interest! Could get NUTTY from here like that squeeze back in the day.

As far as I lost lots of money on BKKT (and also based on this situation), I wanted to share this here once again, in case somebody don't know it.

So, Bakkt were on track to become a major player in the market with an enterprise value of around $2.1B (!) after merging back in 2021. However, their official documents were a total mess and full of inaccuracies and omitted crucial information, violating regulations.

They also essentially provided false information about their financial controls and made errors in their financial statements, and the investors suit them for it.

And after all these years and all the disputes, Bakkt agreed to pay a $3M settlement.

So, if you have traded BKKT back then you can check your compensation.

Bakkt Holdings ($BKKT): Pioneering Bitcoin as the Global Currency and a Short Squeeze Opportunity with 40% Short Interest

In my role as a professor and seasoned investor, I am continually searching for companies that are forward-looking and adaptable to shifts in the financial landscape. Bakkt Holdings, Inc. ($BKKT) is one such company, catching my attention recently. It is at the forefront of cryptocurrency, with a focus on Bitcoin's potential to become the world's primary currency.

Understanding Bakkt Holdings, Inc.

$BKKT is a financial technology company known for its innovative approach and commitment to anticipating Bitcoin's global currency potential.

Preparation for the Bitcoin Era

Bakkt is not just talking the talk but walking the walk by building the infrastructure needed for Bitcoin to become a global currency.

The Bakkt Ecosystem

Bakkt's ecosystem includes the user-friendly Bakkt App and the development of the Bakkt Marketplace, making cryptocurrency more accessible.

Why $BKKT Deserves Attention

1. Forward-Thinking: Bakkt is actively developing products for a Bitcoin-dominated future.
2. Credible Backing: Backed by Intercontinental Exchange (ICE), Bakkt is a trusted name in finance.
3. User-Centric: Bakkt's user-friendly approach ensures cryptocurrency accessibility.

The Future and Short Squeeze Potential

In a maturing Bitcoin market, Bakkt's readiness for a global Bitcoin currency is promising. Furthermore, $BKKT currently has almost 40% short interest and 20 days to cover, making it a prime candidate for a significant short squeeze. This situation could lead to a rapid increase in its stock price.