Bakkt, Inc. (BKKT.W) Warrant
Each BKKT.W warrant gives the holder the right to buy 1/25 share of Bakkt, Inc. at $287.50 per share, until October 15, 2026. The stock last closed at $7.75, below the strike, so the warrant is out of the money. Bakkt, Inc. has a market value of about $349.29M. There are 7.14M listed warrants; exercising all of them would add 0.6% to the 45.07M shares outstanding. The company can call the warrants if the stock trades at or above $250.00.
BKKT vs strike, last 12 months
No share-price history for BKKT yet.
Key terms
- Strike per share
- $287.50
- Shares per warrant
- 1/25
- Cash to exercise one warrant
- $11.50
- Expiry
- 2026-10-15
- Redemption trigger
- $250.00
- Cashless exercise
- allowed
- Break-even stock price
- $287.65
From the issuer's S-1/A (2021-12-08).
Company and stock
- Company
- Bakkt, Inc.
- Underlying stock
- BKKT
- Share price
- $7.75
- Market cap
- $349.29M
- Shares outstanding
- 45.07M
- Value of all listed warrants
- $42.84K (0.0% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-08-05). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.0060
- Price / model
Get Pro to see whether BKKT.W is cheap or rich against our model.
Dilution
- Shares outstanding
- 45.07M
- Listed warrants
- 7.14M
- Dilution if all exercised
- 0.6%
Warrant count from filing text: public warrants.
Filings and events
Questions about BKKT.W
When does the BKKT.W warrant expire?
BKKT.W expires on October 15, 2026.
What is the strike price of BKKT.W?
$287.50 per share; each warrant converts into 1/25 share, so exercising one warrant costs $11.50.
Can Bakkt, Inc. redeem the BKKT.W warrants early?
Yes. The company can call them if the share price reaches $250.00 for the required period (usually 20 of 30 trading days).
How many BKKT.W warrants are outstanding?
7.14M listed warrants, equal to 0.6% dilution if all are exercised.