Horizon Kinetics Asset Management LLC's Amendment to Schedule 13G/A for Bakkt Holdings, Inc.

Horizon Kinetics Asset Management LLC filed an amendment to its Schedule 13G/A for Bakkt Holdings, Inc. on October 31, 2025. The filing indicates that Horizon Kinetics Asset Management LLC owns 328,529 shares of Bakkt Holdings, Inc.'s common stock, representing 2.3% of the total shares outstanding. The shares are held with sole voting and dispositive power. The filing also certifies that the shares were acquired and are held in the ordinary course of business and not for the purpose of influencing the control of the issuer. This amendment reflects a decrease of 6,750 shares from the previous filing, with the value of the holdings increasing by 94.358% to $9,090,397.43.