Bakkt Holdings updates on Public offboarding, MHT meeting, and IDT custody LOI

Bakkt, Inc.

Public Platform LLC (9.4% of 2024 crypto revenue, 14.5% in H1 2025) will offboard customers by October 31, 2025.
Bakkt expects MHT shareholder meeting in October 2025 to vote on corporate purpose change and issuance of preferred stock and warrants.
Bakkt finalized commercial agreement with DTR and continues work to close sale of loyalty/travel redemption business in Q3 2025.
Bakkt signed nonbinding LOI with ICE Digital Trust for custody services for corporate treasury and resale to third parties.

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