Horizon Kinetics Asset Management LLC Files Amendment to Schedule 13G for Bakkt Holdings, Inc.

Horizon Kinetics Asset Management LLC has filed an amendment to its Schedule 13G for Bakkt Holdings, Inc., reporting ownership of 328,529 shares of common stock, representing 2.3% of the total shares outstanding. The filing, submitted on October 31, 2025, indicates that Horizon Kinetics Asset Management LLC has sole voting and dispositive power over these shares. The amendment, which is the third amendment to the original Schedule 13G, was filed under Rule 13d-1(b). The filing 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.