Replies to post #991 on Bakkt Holdings Inc (BKKT)

[Katloose]

50 mill o/s x 32 = 1.6 Bill

Technically it’s more like 8 Bill tho, 256 mill x $32

[jbsliverer]

Just curious, what is your source for the market cap? Depending on the source I get different numbers. Google first search (last 24hrs search time) 845m, Yahoo Finance 1.63B, Benzinga 1.6B, and could pick up WSJ.com (Google search any time) for their 676.2m, and current TDA broker lists it at 1.6B.

[Marvy]

This market cap is reflective of thier user base or customers.
PayPal has a large user base from leeching off Ebay for the better part of 2 decades.
Coinbase and robinhood have cemented themselves as leaders in getting the middle class into investing and cryptotrading....

There was a person who commented about BKKT looking for old money. That could be the case, but old money takes a longer time to uptake something new. So, I'll stick with my timeframe of Jan 2023-2025 to be at $100+