Crypto Firm Bakkt Stock Surges After Analyst Triples Price Target
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最新报道：Bakkt Holdings' stock surged 17% to over $30 after Benchmark tripled its price target to $40, citing growth potential in crypto infrastructure, stablecoin payments, and Bitcoin treasury. Analyst Mark Palmer highlighted the stock's 170% two-week jump as validation of CEO Akshay Naheta's moves, noting Bakkt remains "inexpensive" versus peers like Coinbase. Recent board addition Mike Alfred brings capital allocation expertise, while Q2 crypto revenue exceeded $568 million. The company sold its loyalty unit for $11 million to focus on core services and notified the SEC of plans to raise up to $1 billion for potential Bitcoin treasury expansion.
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