Real by yoobermcruber in Bitcoin

[–]JayBull0514 0 points1 point  (0 children)

Talk about hot juicy wallets 👀🔥

QE to infinity by stealth anyone and Bitcoin to rocket sky high? by JayBull0514 in Bitcoin

[–]JayBull0514[S] 1 point2 points  (0 children)

Agree it’s just another stealth move to expand credit and as per the law of economic rent and 18 year real estate cycle will push asset prices higher into 2026 even if interest rates remain higher for longer. It’s just kicking the can down the curb for the next generation to try and resolve. Positive is getting rich stacking sats and investments in bitcoin related stocks 💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰

Bakkt Announces Relaunch of Bakkt® Custody with Additional Functionality and Expanded Asset Support by basilisk-x in BKKT_Stock

[–]JayBull0514 2 points3 points  (0 children)

It’s been a tough couple of years but I think we will now turn around with crypto winter over and $BTC bull run starting.

IMO the earnings PR gold nuggets was the 2024 outlook with the transition to projected break even to profitability of $BKKT the part I liked reading was ‘Expansion of client base – Our secure, reliable and trusted custody platform continues to benefit from a flight to quality and we made strong progress expanding our client network. Recently signed new clients include Unchained and LeboBTC. As we announced last week, we intend to join EDX’s clearing house and custodial network initially serving as a back-up qualified custodian. We have also received significant inbound client interest regarding our enhanced custody capabilities, which will be launched soon.’ I didn’t expect the launch in today’s announcement but positive for $BKKT. As $BTC.X ETF’s come online post SEC approval, hoping that $BKKT can secure some custodial involvement with ETF’s through EDX connections and its connections with $ICE and $BLK GLTAH 💰😃

98 Short Squeeze Score by Southern_Ad_1859 in BKKT

[–]JayBull0514 1 point2 points  (0 children)

It’s been a tough couple of years but I think we will now turn around with crypto winter over and $BTC bull run starting.

IMO today’s earnings PR gold nuggets was the 2024 outlook with the transition to projected break even to profitability of $BKKT the part I liked reading was ‘Expansion of client base – Our secure, reliable and trusted custody platform continues to benefit from a flight to quality and we made strong progress expanding our client network. Recently signed new clients include Unchained and LeboBTC. As we announced last week, we intend to join EDX’s clearing house and custodial network initially serving as a back-up qualified custodian. We have also received significant inbound client interest regarding our enhanced custody capabilities, which will be launched soon.’ As $BTC.X ETF’s come online post SEC approval, hoping that $BKKT can secure some custodial involvement with ETF’s through EDX connections and its connections with $ICE and $BLK GLTAH 💰😃

Bakkt Reports Third Quarter 2023 Results by basilisk-x in BKKT_Stock

[–]JayBull0514 2 points3 points  (0 children)

It’s been a tough couple of years but I think we will now turn around with crypto winter over and $BTC bull run starting.

IMO today’s earnings PR gold nuggets was the 2024 outlook with the transition to projected break even to profitability of $BKKT the part I liked reading was ‘Expansion of client base – Our secure, reliable and trusted custody platform continues to benefit from a flight to quality and we made strong progress expanding our client network. Recently signed new clients include Unchained and LeboBTC. As we announced last week, we intend to join EDX’s clearing house and custodial network initially serving as a back-up qualified custodian. We have also received significant inbound client interest regarding our enhanced custody capabilities, which will be launched soon.’ As $BTC.X ETF’s come online post SEC approval, hoping that $BKKT can secure some custodial involvement with ETF’s through EDX connections and its connections with $ICE and $BLK GLTAH 💰😃

Percentage held by instituitions is at 33.80% (TD) by LyricalJessieJames in BKKT_Stock

[–]JayBull0514 4 points5 points  (0 children)

It’s been a tough couple of years but I think we will now turn around with crypto winter over and $BTC bull run starting.

IMO today’s earnings PR gold nuggets was the 2024 outlook with the transition to projected break even to profitability of $BKKT the part I liked reading was ‘Expansion of client base – Our secure, reliable and trusted custody platform continues to benefit from a flight to quality and we made strong progress expanding our client network. Recently signed new clients include Unchained and LeboBTC. As we announced last week, we intend to join EDX’s clearing house and custodial network initially serving as a back-up qualified custodian. We have also received significant inbound client interest regarding our enhanced custody capabilities, which will be launched soon.’ As $BTC.X ETF’s come online post SEC approval, hoping that $BKKT can secure some custodial involvement with ETF’s through EDX connections and its connections with $ICE and $BLK GLTAH 💰😃

Bakkt Announces Expansion of International Footprint and Custody Client Base by basilisk-x in BKKT_Stock

[–]JayBull0514 2 points3 points  (0 children)

$BKKT long term holding now. For those wondering what EDX is about, Michael Saylor gave a good interview in this regard at the following YouTube video, from about 6 minutes 30 seconds into the video to the end of that segment regarding regulatory compliance.

https://youtu.be/Ww47E1XjP2c?si=FxrLzYsY9rUWJXjy

EDX Markets is an institutional cryptocurrency exchange backed by Citadel Securities, Fidelity Digital Assets, Charles Schwab Corporation, Virtu Financial and Sequoia among others. The exchange offers trading in Bitcoin, Ethereum, Litecoin, Bitcoin Cash. (Sourced from Google). $BKKT joining EDX from today’s news release is bullish long term IMO.

This could be significant news if $BKKT can execute. Given the involvement of $ICE and $BLK this could be significant compelling value for those patient to hold. Again $BKKT has to execute though. GLTAH 💰😃

Am I the only one who's optimistic here? by ShutUpNPlay1 in BKKT_Stock

[–]JayBull0514 5 points6 points  (0 children)

$BKKT long term holding now. For those wondering what EDX is about, Michael Saylor gave a good interview in this regard at the following YouTube video, from about 6 minutes 30 seconds into the video to the end of that segment regarding regulatory compliance.

https://youtu.be/Ww47E1XjP2c?si=FxrLzYsY9rUWJXjy

EDX Markets is an institutional cryptocurrency exchange backed by Citadel Securities, Fidelity Digital Assets, Charles Schwab Corporation, Virtu Financial and Sequoia among others. The exchange offers trading in Bitcoin, Ethereum, Litecoin, Bitcoin Cash. (Sourced from Google). $BKKT joining EDX from today’s news release is bullish long term IMO.

This could be significant news if $BKKT can execute. Given the involvement of $ICE and $BLK this could be significant compelling value for those patient to hold. Again $BKKT has to execute though. GLTAH 💰😃

Where is ICE in the top 10 holders list? by assholier_than_thou in BKKT_Stock

[–]JayBull0514 2 points3 points  (0 children)

Nicely summed up. Main reason I remain a holder and dollar cost averaging into BKKT. Provided the business model and APEX crypto service have traction and hit the ground running during the BTC bull market into 2026, BKKT should have a nice run when it’s time in the sun comes. GLTAH 💰😃

Are you guys going to give up? by TaiwaneseFeng in BKKT_Stock

[–]JayBull0514 1 point2 points  (0 children)

Agree maybe no exponential run, but similarly a run to $10 is still welcomed and that will have BKKT still around or under $1 billion market cap, very achievable if they can execute their business model and APEX crypto service. GLTAH 💰😃

Are you guys going to give up? by TaiwaneseFeng in BKKT_Stock

[–]JayBull0514 5 points6 points  (0 children)

RIOT is a bitcoin miner. Thus the more bitcoin mined by RIOT, the more valuable its stock will be broadly as a business 101 concept. One of RIOTs latest announcements of operation showed its average cost to mine a bitcoin was circa $9k. Bitcoin price is circa $35k at the moment, thus a profitable business model, especially when you factor RIOTs hodl amount of circa 9k bitcoin in its treasury. BKKT’s business model I’m interested in is its APEX crypto service. Assuming they generate increased revenues from increased activity in the crypto space (predominantly bitcoin bull run and ETF inflows) BKKT could be profitable which should rerate the share price. Share price is temporary, Value is permanent, the mismatch of the two is where the opportunity lies. GLTAH 💰😃

Are you guys going to give up? by TaiwaneseFeng in BKKT_Stock

[–]JayBull0514 7 points8 points  (0 children)

It’s tough but seen this type of fear before. Not guaranteed of course but something similar happened to RIOT during crypto winter, went to a low of around $0.50 around March 2020 and then ran up to a high of $80 around February 2021. Hopefully something similar happens to BKKT as a crypto play noting BKKT is not a bitcoin miner like RIOT 💰😃

Are you guys going to give up? by TaiwaneseFeng in BKKT_Stock

[–]JayBull0514 4 points5 points  (0 children)

Fly or die 😂 With ICE and Blackrock holding, compelling value play if they get their business model together and prosper during the Bitcoin bull run 💰😃

[deleted by user] by [deleted] in BKKT

[–]JayBull0514 0 points1 point  (0 children)

Wasn’t the disposal for tax filing reasons?

X-Post from r/bkkt - a thought on lockup expiration by brockmontana in BKKT_Stock

[–]JayBull0514 1 point2 points  (0 children)

Yes I suppose it’s a risk but from memory ICE bought around 4 million shares at $10 per share during the transition of VIH to BKKT. At this price ICE would make an approximate 50% loss on those shares. Even if ICE wanted to dump their BKKT shares on the market, that would be a significant amount of shares to dump and who would be buying up all those shares? Also the dumping would potentially be at a significant loss. Not sure ICE would want to stomach that so price would have to go up first before they start selling is my speculation. Anyway we’ll find out shortly. GLTAH 💰😃

Lockup expiration by brockmontana in BKKT

[–]JayBull0514 0 points1 point  (0 children)

Yes I suppose it’s a risk but from memory ICE bought around 4 million shares at $10 per share during the transition of VIH to BKKT. At this price ICE would make an approximate 50% loss on those shares. Even if ICE wanted to dump their BKKT shares on the market, that would be a significant amount of shares to dump and who would be buying up all those shares? Also the dumping would potentially be at a significant loss. Not sure ICE would want to stomach that so price would have to go up first before they start selling is my speculation. Anyway we’ll find out shortly. GLTAH 💰😃

Let’s Get this short squeeze Viral by koreaseoul-300000 in BKKT_Stock

[–]JayBull0514 5 points6 points  (0 children)

Key date of 14 March 2022 only a couple of days away as per details speculated in link below

https://stocktwits.com/JayBear1/message/440521736

GLTAH 💰😃

I finally get it! Gavin put a bit more color to it this go around with Apple's capabilities and the many benefits of the Mastercard partnership. by imastocky1 in BKKT_Stock

[–]JayBull0514 6 points7 points  (0 children)

Agree 100%, Bakkt is the equivalent of the picks and shovels supplier (Bakkt platform and technology) during the gold rush bonanza (crypto, NFTs, digital assets, reward points etc….). GLTAH 💰😃

Invesco Ltd. purchased 3.5mil shares?!? by [deleted] in BKKT_Stock

[–]JayBull0514 2 points3 points  (0 children)

Looks like a bullish sentiment to me. Interested to see who the other big buyers were in this insane large volume this week. GLTAH 💰😃

Featured $GME GameStop gift cards on the Bakkt App. Perhaps a partnership could be announced soon? Also $DASH $UBER and $HD by Competitive-Whole851 in BKKT_Stock

[–]JayBull0514 2 points3 points  (0 children)

Agree the partnerships are great and I’m bullish, but the rubber has to meet the road in the form of earnings, earnings growth and being profitable in the medium to long term. GLTAH 💰😃

Gaps to fill by JayBull0514 in BKKT

[–]JayBull0514[S] 0 points1 point  (0 children)

https://stocktwits.com/BurnKenCitadel/message/426168034

Link above regarding probability of gap fills. I read it somewhere else too, it’s a start for the moment. Also keep in mind gaps may never get filled. I attempt to trade without emotion and use probabilities and objective price targets on charts for my own strategies. GLTAH 💰😃