NEW YORK, September 23, 2025 — Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) today announced the appointment of Mike Alfred to its Board of Directors. This addition strengthens Bakkt’s governance and positions the Company to capitalize on the generational transformation in global financial infrastructure – redefining what money is, how it moves, and how markets trade and operate.
“We’re doubling down on our mission to build next-generation financial infrastructure by bringing world-class leaders onto our Board,” said Akshay Naheta, CEO of Bakkt. “Mike’s proven track record and reputation in the digital asset and fintech ecosystem brings unparalleled expertise, a powerful network and institutional credibility. His perspectives will be critical as we execute with precision on our strategy and deliver long-term value for our shareholders.”
Mike Alfred is a private investor, advisor, and board director with a track record of founding, scaling, and exiting fintech businesses. He co-founded BrightScope (acquired by Strategic Insight) and later Digital Assets Data, an enterprise data and software platform for digital assets that was acquired by NYDIG. Mr. Alfred is currently Founder and Managing Partner of Alpine Fox LP, a private investment fund focused on Bitcoin and AI-related equities. Mike serves on the Board of IREN (NASDAQ: IREN), a leading developer, owner and operator of next-generation data centers powering the future of Bitcoin and AI and is also a director at Eaglebrook Advisors, Wealthie, and Crestone Group.
“I’m honored to join Bakkt’s Board as the Company enters its next phase of growth,” said Mike Alfred. “Bakkt has a unique opportunity to deliver a trusted fintech platform for institutions in four transformative trends over the next decade: digital asset trading, stablecoin payments, AI agents and Bitcoin. I look forward to partnering with the Board and leadership to advance Bakkt’s strategy and value creation.”